Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
The following is a reconciliation of future undiscounted cash flows to the operating liabilities, and the related right of use assets, included in our Condensed Consolidated Balance Sheets as of March 31, 2019:
 
 
 
March 31,
2019
 
2019 (excluding the three months ended March 31, 2019)
 
 
221,931
 
2020
 
 
286,417
 
2021
 
 
237,377
 
2022
 
 
78,648
 
2023
 
 
78,648
 
2024 and thereafter
 
 
52,430
 
Total future lease payments
 
 
955,451
 
Less: imputed interest
 
 
(78,110
)
Present value of future operating lease payments
 
 
877,341
 
Less: current portion of operating lease liabilities
 
 
(263,532
)
Operating lease liabilities, net of current portion
 
 
613,809
 
Right of use assets – operating leases, net
 
 
873,110