Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases, Operating [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
The following table presents future minimum lease payments, excluding reimbursements under noncancelable operating leases at December 31, 2018 under ASC 840 and is being presented for comparative purposes:
 
Years ending December 31,
 
 
 
 
2019
 
$
138,619
 
2020
 
 
152,626
 
2021
 
 
155,403
 
2022
 
 
158,235
 
2023
 
 
161,123
 
2024 and thereafter
 
 
13,610
 
Total
 
$
779,616
 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
The following table approximates the dollar maturity of the Company’s undiscounted payments for its short-term leases and operating lease liabilities as of March 31, 2019:
 
Reminder of 2019
 
$
133,000
 
Years ending December 31,
 
 
 
 
2020
 
 
156,000
 
2021
 
 
159,000
 
2022
 
 
161,000
 
2023
 
 
161,000
 
2024 and thereafter
 
 
13,000
 
Total undiscounted lease payments
 
$
783,000