Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2020 - remaining

 

$

71,843

 

2021

 

$

68,679

 

2022

 

$

60,677

 

2023

 

$

59,292

 

2024

 

$

59,292

 

Greater than 5 years

 

$

437,261

 

Total

 

$

757,044

 

Less: Amount representing interest

 

$

(99,678

)

Present value of minimum lease payments

 

$

657,366

Schedule of future minimum lease payments under operating leases

2020 - remaining

 

$

198,899

 

2021

 

$

96,497

 

2022

 

$

40,473

 

2023

 

$

16,569

 

2024

 

$

1,036

 

Total Operating Lease Obligations

 

$

353,474

 

Less: Amount representing interest

 

$

(14,568

)

Present Value of minimum lease payments

 

$

338,906

Operating lease payments

2020 - remaining

 

$

6,940

 

Total Operating Lease Obligations

 

$

6,940

Schedule of maturities of Grants Repayable

2020 - remaining

 

$

51,921

 

2021

 

$

49,062

 

2022

 

$

46,409

 

2023

 

$

47,558

 

2024

 

$

20,008

 

Greater than 5 years

 

$

120,056

 

Total Grants Repayable

 

$

335,014

Schedule of maturities of long term debt

2020 - remaining

 

$

620,894

 

2021

 

$

728,742

 

2022

 

$

611,476

 

2023

 

$

517,044

 

2024

 

$

322,027

 

Greater than 5 years

 

$

170,885

 

Total

 

$

2,971,068

 

Less: Amount representing interest

 

$

(295,313

)

Total Long-Term Debt

 

$

2,675,755

Schedule of collaborative arrangements obligations

2020 - remaining

 

$

1,059,680

 

2021

 

$

988,500

 

Total Collaborative Agreement Obligations 

 

$

2,048,180