|3 Months Ended|
Mar. 31, 2020
|Accounting Policies [Abstract]|
NOTE 7 – SUBSEQUENT EVENTS
Subsequent to March 31, 2020, the Company entered into amended lease agreement with its landlord. Under the terms of the amendment, the landlord agreed to waive rent, certain rent adjustments and parking for the period April 1, 2020 through June 30, 2020 and extend the term of the lease by three months. The lease term date, which was December 31, 2020, is now March 31, 2021. In addition, the due date of certain other rent adjustments due April 8, 2020 has been deferred. The rent adjustments of approximately $5,000 are now due 50% on June 1, 2020 and 50% on July 1, 2020.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef