Quarterly report pursuant to Section 13 or 15(d)

Short-Term Loan

Short-Term Loan
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Short-Term Loan

NOTE 10 - Short-term Loan


In 2021, the Company entered into a loan agreement in the amount of $423,225 with one of the Company’s insurance service provider in order to pay the Company’s insurance premium. The loan matures on September 25, 2021 with annual interest rate of 3.3%. The Company is required to make the installment payment monthly. Future installment payments as of March 31, 2021 are $297,476.