Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2020

COMMITMENTS AND CONTINGENCIES (Tables)

Schedule of operating lease commitments

		Three Months Ended March 31, 2020				Three Months Ended March 31, 2019
Operating lease expense		$	33,000			$	34,000
Cash paid for amounts included in the measurement of operating lease obligations		$	34,000			$	34,000

Schedule of operating leases were recorded in the condensed consolidated balance sheet

		As of				As of
		March 31, 2020				December 31, 2019
Operating lease right-of-use assets		$	9,000			$	41,000
Operating lease obligations – current		$	9,000			$	41,000
Total lease obligations		$	9,000			$	41,000

Weighted average remaining lease term (in months)			2 months				4 months
Weighted average discount rate			5.5%				5.5%

Schedule of measurement of lease liabilities

		Operating Leases
2020-remaining period		$	9,000
Total future minimum lease payments		$	9,000
Less imputed interest			—
Total operating lease liability		$	9,000