Quarterly report pursuant to Section 13 or 15(d)

FINANCE LEASE OBLIGATIONS (Tables)

v3.21.2
FINANCE LEASE OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2021
FINANCE LEASE OBLIGATIONS (Tables) [Line Items]  
Finance Lease, Liability, Fiscal Year Maturity [Table Text Block] At June 30, 2021 future payments under finance leases are as follows:
   

June 30, 2021

 

Remainder of 2021

  $ 103,270  

2022

    140,346  

2023

    89,401  

2024

    27,466  

Total minimum lease payments

    360,483  

Less amounts representing interest

    (26,308

)

Present value of net minimum lease payments

    334,175  

Less current portion

    (176,054

)

Long-term finance lease obligation

  $ 158,121  
Finance and Capital Lease Obligations [Member]  
FINANCE LEASE OBLIGATIONS (Tables) [Line Items]  
Lease, Cost [Table Text Block] The related obligations are based upon the present value of the future minimum lease payments with the following:
   

June 30, 2021

   

December 31, 2020

 

Weighted average remaining lease term

    2.16       1.31  

Weighted average interest rate

    7.30

%

    5.6

%