Prepaid Expenses |
3 Months Ended | 12 Months Ended |
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Mar. 31, 2021 |
Dec. 31, 2020 |
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Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||
Prepaid Expenses |
NOTE 4 – PREPAID EXPENSES
Prepaid expenses amounted to $1,784 at March 31, 2021 and at December 31, 2020. Prepaid expenses include prepayments in cash for accounting fees, prepayments in equity instruments, which are being amortized over the terms of their respective agreements, as well as cost associated with certain contract liabilities. The current portion consists of costs paid for future services which will occur within a year. |
NOTE 4 – PREPAID EXPENSES
Prepaid expenses amounted to $1,784 and $18,596 at December 31, 2020 and 2019, respectively. Prepaid expenses include prepayments in cash for accounting fees, prepayments in equity instruments, which are being amortized over the terms of their respective agreements, as well as cost associated with certain contract liabilities. The current portion consists of costs paid for future services which will occur within a year. |
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- Definition Prepaid expenses [Text Block] No definition available.
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- References No definition available.
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