Duos Technologies Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2019

At September 30, 2019, future minimum lease payments due under Finance Lease is as follows:


As of September 30,	Amount
2019	$	9,270
2020		37,080
2021		37.080
2022		27,811
Total minimum financial lease payments	$	111,241
Less: interest		(19,164	)
Total lease liability at September 30, 2019	$	92,077
Less: current portion of Finance Lease		(43,669	)
Long Term portion of Finance Lease	$	48,408

At September 30, 2019, future minimum lease payments due under Operating Leases are as follows:


As of September 30,	Amount
2019	$	76,353
2020		279,997
2021		213,568
Total minimum financial lease payments	$	569,918
Less: interest		(35,503	)
Total lease liability at September 30, 2019	$	534,415
Less: current portion of Operating Leases		(241,000	)
Long Term portion of Operating Leases	$	293,415