Quarterly report pursuant to Section 13 or 15(d)

Lease Liability (Tables)

v3.19.2
Lease Liability (Tables)
6 Months Ended
Jun. 30, 2019
Lease Liability [Abstract]  
Schedule of lease term and discount rate

    Six Months Ended
June 30,
2019
 
   

(Unaudited)

 
Weighted-average remaining lease term     0.76 year  
Weighted-average discount rate     6.00%
         
Schedule of maturity of lease liabilities

    Related Party     Others     Total  
    (Unaudited)    

(Unaudited)

   

(Unaudited)

 
7/1/2019-6/30/2020   $ 45,953     $ 516,465     $ 562,418  
7/1/2020-6/30/2021     -       81,352       81,352  
Total lease payments   45,953       597,817     643,770  
Less: Imputed interest     (1,459 )     (17,033 )     (18,492 )
Present value of lease liabilities   44,494       580,784       625,278  
Current portion     44,494       500,429       544,923  
Non-current portion   $ -     $ 80,355     $ 80,355