Quarterly report pursuant to Section 13 or 15(d)

Leases - (Tables)

v3.19.3
Leases - (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Assets And Liabilities Lessee
Supplemental balance sheet information related to the lease is as follows:

 
 
As of
 
 
September 30, 2019
 
December 31, 2018
Property and equipment, net
 
$
719,113

 
$

Other current liabilities
 
$
114,387

 
$

Other long-term liabilities
 
$
1,121,367

 
$

Lease, Cost
The components of lease expense for the three and nine months ended September 30, 2019 and 2018 were as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Operating lease cost*
 
$
32,326

 
$
47,371

 
$
126,467

 
$
144,172

*Includes short-term leases, which are immaterial.

Lessee, Operating Lease, Liability, Maturity
The following table shows a maturity analysis of the operating lease liability as of September 30, 2019:

 
 
 
 
 
Undiscounted Cash Flows
October 1, 2019 through December 31, 2019
 
$

2020
 
155,815

2021
 
169,510

2022
 
173,748

2023
 
178,092

Thereafter
 
1,183,290

Total lease payments
 
$
1,860,455

Less implied interest
 
$
(624,701
)
Total
 
$
1,235,754