Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.19.3.a.u2
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Commitments and Contingencies (Tables)  
Schedule of future minimum lease payments under financing leases
2020
 
$
114,649
 
2021
 
$
69,946
 
2022
 
$
61,798
 
2023
 
$
60,387
 
2024
 
$
60,386
 
Greater than 5 years
 
$
445,331
 
Total
 
$
812,497
 
Less: Amount representing interest
 
$
(106,843
)
 
Present value of minimum lease payments
 
$
705,654
 
Schedule of future minimum lease payments under operating leases
2020
 
$
269,215
 
2021
 
$
91,671
 
2022
 
$
34,497
 
2023
 
$
10,773
 
Total Operating Lease Liabilities
 
$
406,156
 
Less: Amount representing interest
 
$
(17,037
)
Present Value of minimum lease payments
 
$
389,119
 
Operating lease payments
2020
 
$
12,750
 
2021
 
$
-
 
Total Operating Lease Liabilities
 
$
12,750
 
Schedule of maturities of Grants Repayable
2020
 
$
52,879
 
2021
 
$
49,967
 
2022
 
$
47,266
 
2023
 
$
48,436
 
2024
 
$
20,377
 
Greater than 5 years
 
$
118,361
 
Total Grants Repayable
 
$
337,286
 
Schedule of maturities of long term debt
2020
 
$
777,648
 
2021
 
$
735,546
 
2022
 
$
622,760
 
2023
 
$
526,585
 
2024
 
$
327,970
 
Greater than 5 years
 
$
174,038
 
Total
 
$
3,164,547
 
Less: Amount representing interest
 
$
(321,700
)
Total Long-Term Debt
 
$
2,842,847
 
Schedule of collaborative arrangements obligations
2020
 
$
1,699,767
 
2021
 
$
988,500
 
Total Collaborative Agreement Obligations
 
$
2,688,267