Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.21.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2021 - remaining

 

$

54,872

 

2022

 

$

64,640

 

2023

 

$

63,165

 

2024

 

$

63,163

 

2025

 

$

63,163

 

Greater than 5 years

 

$

402,652

 

Total

 

$

711,655

 

Less: Amount representing interest

 

$

(90,230

)

Present Value of Minimum Lease Payments

 

$

621,425

 

Schedule of future minimum lease payments under operating leases

2021 - remaining

 

$

142,623

 

2022

 

$

85,019

 

2023

 

$

59,828

 

2024

 

$

33,674

 

2025

 

$

726

 

Total Operating Lease Obligations

 

$

321,870

 

Less: Amount representing interest

 

$

(12,491

)

Present Value of Minimum Lease Payments

 

$

309,379

 

Schedule of recognized in short-term lease costs

2021 - remaining

 

$

19,232

 

Total Operating Lease Liabilities

 

$

19,232

 

Schedule of Grants Repayable

2021 - remaining

 

$

66,475

 

2022

 

$

49,440

 

2023

 

$

50,664

 

2024

 

$

21,314

 

2025

 

$

28,419

 

Greater than 5 years

 

$

99,476

 

Total Grants Repayable

 

$

315,788

 

Schedule of long-term debt payable

2021 - remaining

 

$

754,622

 

2022

 

$

772,491

 

2023

 

$

671,892

 

2024

 

$

522,858

 

2025

 

$

144,427

 

Greater than 5 years

 

$

777,748

 

Total

 

$

3,644,038

 

Less: Amount representing interest

 

$

(412,795

)

Total Long-Term Debt

 

$

3,231,243

 

Schedule of annual payments of collaborative cgreement obligations

2021 - remaining

 

$

982,387

 

2022 - 2025

 

$

115,000

 

Total Collaborative Agreement Obligations 

 

$

1,097,387