Fathom Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of lease cost


		Six months ended June 30,
Components of total lease cost:		2020			2019
		(Unaudited)
Operating lease expense		$	70,151		$	54,456
Short-term lease expense			35,047			29,994
Total lease cost		$	105,198		$	84,450

Schedule of balance sheet location disclosure


		As of June 30, 2020
		(Unaudited)
Assets
Lease right of use assets		$	213,501
Total lease assets		$	213,501
Liabilities
Current liabilities:
Lease liability – current portion		$	63,767
Noncurrent liabilities:
Lease liability, net of current portion			152,814
Total lease liability		$	216,581

Schedule of future lease payments


Year ending December 31,		Operating Leases
2020 (remaining)		$	58,314
2021			39,350
2022			40,175
2023			41,686
2024			43,243
2025			37,353
Total Minimum Lease Payments		$	260,121
Less effects of discounting			(43,540)
Present value of future minimum lease payments		$	216,581