Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.20.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of right of use assets
    June 30,
2020
 
       
Non-current assets        
Right of use assets, operating leases, net of amortization   $ 72,399  
Schedule of lease cost
    Six months
ended
June 30,
2020
 
         
Operating lease expense   $ 17,753  
Schedule of maturity of operating leases
    Amount  
Undiscounted minimum future lease payments      
Total instalments due:      
2020   $ 23,670  
2021     47,340  
2022     7,890  
      78,900  
Imputed interest     (6,501 )
Total operating lease liability   $ 72,399  
         
Disclosed as:        
Current portion   $ 41,990  
Non-current portion     30,409  
    $ 72,399  
Schedule of other lease information
   

Six months ended

June 30,
2020

 
       
Cash paid for amounts included in the measurement of lease liabilities        
Operating cash flows from operating leases   $ (17,753 )
         
Remaining lease term – operating lease     20 months  
         
Discount rate – operating lease     10.0 %