Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Right-of-Use Asset

v3.19.3
Operating Lease Right-of-Use Asset
9 Months Ended
Sep. 30, 2019
Operating Lease Right-of-Use Asset [Abstract]  
Operating Lease Right-of-Use Asset

NOTE 7 - Operating Lease Right-of-Use Asset

 

As of September 30, 2019, the cost and accumulated amortization for operating lease right-of-use asset were as follows:

 

   

September 30,

2019

 
    (Unaudited)  
Right-of-use asset   $ 669,602  
Accumulated amortization     (304,770 )
Net   $ 364,832  

 

Amortization expense of right-of-use asset was $101,088 (unaudited) and $345,083 (unaudited) for the three months and nine months ended September 30, 2019. 

 

On June 15, 2019, the lease agreement in Aircom Taiwan was terminated, so the Company disposed the fully amortized right-of-use asset $40,313 (unaudited).