SCWorx, Corp. Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

6 Months Ended

Jun. 30, 2019

The following table presents supplemental consolidated balance sheet information related to our operating leases:

	As of June 30, 2019
Right-of-use Assets	$	32,000
Short-term operating lease liabilities	$	32,000

For the three and six months ended

June 30

, 2019, the components of lease expense were as follows:

Other information related to leases was as follows:

	Three Months Ended June 30, 2019
Supplemental Cash Flows Information

Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows for operating leases	$	11,250

Weighted Average Remaining Lease term (months) – operating leases		9

Weighted Average Discount Rate – operating leases		10	%

The maturity analysis of the Company’s annual undiscounted cash flows of operating lease liabilities as of June 30, 2019 are as follows:

	Operating Lease
Year Ending December 31, :
2019 (excluding the quarters ended June 30, 2019)	$	22,500
2020		11,250
Total minimum lease payments		33,750
Lease amount representing interest		(1,400	)
Total lease liabilities	$	32,350