Fathom Holdings Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Leases (Tables)

v3.21.1

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases

Schedule of lease cost


	December 31,
Components of total lease cost:	2020		2019
Operating lease expense	$	167,729	$	104,794
Short-term lease expense		66,025		38,414
Total lease cost	$	233,754	$	143,208

Schedule of balance sheet location disclosure


	December 31,
	2020		2019
Assets
Lease right of use assets	$	437,421	$	265,140
Total lease assets	$	437,421	$	265,140

Liabilities
Current liabilities:
Lease liability - current portion	$	140,100	$	89,566
Noncurrent liabilities:
Lease liability, net of current portion		301,429		177,578
Total lease liability	$	441,529	$	267,144

Schedule of weighted average remaining lease term and the weighted average discount rate for the Company's operating leases


	December 31,
	2020		2019
Weighted average remaining lease term (in years) - operating leases	3.37		4.51
Weighted average discount rate - operating leases	7.67	%	8	%

Schedule of future lease payments


Years Ended December 31,	Operating Leases
2021		168,650
2022		147,507
2023		105,106
2024		43,243
2025		37,353
Total Minimum Lease Payments	$	501,859
Less effects of discounting		(60,330)
Present value of future minimum lease payments	$	441,529

- Definition

Tabular disclosure of Weighted average lease term and discount rate.

+ References

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- Definition

Tabular disclosure of balance sheet disclosure of leases.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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