Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2020 - remaining

 

$ 34,997

 

2021

 

$ 69,993

 

2022

 

$ 61,839

 

2023

 

$ 60,427

 

2024

 

$ 60,426

 

Greater than 5 years

 

$ 445,634

 

Total

 

$ 733,316

 

Less: Amount representing interest

 

$ (98,253 )

Present value of minimum lease payments

 

$ 635,063

 

Schedule of future minimum lease payments under operating leases

2020 - remaining

 

$

121,708

 

2021

 

$

77,664

 

2022

 

$

34,500

 

2023

 

$

16,886

 

2024

 

$

1,056

 

Total Operating Lease Obligations

 

$

251,814

 

Less: Amount representing interest

 

$

(9,803

)

Present Value of minimum lease payments

 

$

242,011

 

 

Schedule of recognized in short-term lease costs

2020 - remaining

 

$

1,740

 

Total Operating Lease Obligations

 

$

1,740

 

Schedule of Grants Repayable

2020 - remaining

 

$

52,915

 

2021

 

$

50,001

 

2022

 

$

47,298

 

2023

 

$

48,468

 

2024

 

$

20,391

 

Greater than 5 years

 

$

122,354

 

Total Grants Repayable

 

$

341,427

 

Schedule of long-term debt payable

2020 - remaining

 

$

479,678

 

2021

 

$

742,694

 

2022

 

$

623,184

 

2023

 

$

526,943

 

2024

 

$

328,193

 

Greater than 5 years

 

$

180,377

 

Total

 

$

2,881,069

 

Less: Amount representing interest

 

$

(274,147

)

Total Long-Term Debt

 

$

2,606,922

 

Schedule of annual payments of collaborative cgreement obligations

2020 - remaining

 

$

1,098,624

 

2021 - 2024

 

$

1,293,534

 

Total Collaborative Agreement Obligations 

 

$

2,392,158