Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.21.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2020
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2021

 

$ 76,183

 

2022

 

$ 67,308

 

2023

 

$ 65,772

 

2024

 

$ 65,770

 

2025

 

$ 65,770

 

Greater than 5 years

 

$ 419,270

 

Total

 

$ 760,073

 

Less: Amount representing interest

 

$ (98,176 )

Present value of minimum lease payments

 

$ 661,897

 

Schedule of future minimum lease payments under operating leases

2021

 

$ 187,848

 

2022

 

$ 78,469

 

2023

 

$ 53,231

 

2024

 

$ 25,997

 

Total Operating Lease Obligations

 

$ 345,545

 

Less: Amount representing interest

 

$ (14,093 )

Present Value of minimum lease payments

 

$ 331,452

 

Schedule of recognized in short-term lease costs

2021

 

$ 21,722

 

Total Operating Lease Liabilities

 

$ 21,722

 

Schedule of Grants Repayable

2021

 

$ 69,218

 

2022

 

$ 51,480

 

2023

 

$ 52,764

 

2024

 

$ 22,194

 

2025

 

$ 29,592

 

Greater than 5 years

 

$ 103,573

 

Total Grants Repayable

 

$ 328,821

 

Schedule of long-term debt payable

2021

 

$ 991,070

 

2022

 

$ 804,373

 

2023

 

$ 699,623

 

2024

 

$ 544,437

 

2025

 

$ 150,390

 

Greater than 5 years

 

$ 729,808

 

Total

 

$ 3,919,701

 

Less: Amount representing interest

 

$ (471,497 )

Total Long-Term Debt

 

$ 3,448,204

 

Schedule of annual payments of collaborative cgreement obligations

2021

 

$ 1,467,700

 

2022

 

$ 140,086

 

Total Collaborative Agreement Obligations 

 

$ 1,607,786