KORU Medical Systems Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

3 Months Ended

Mar. 31, 2019

The components of lease expense were as follows:


	Three Months Ended March 31, 2019

Operating lease cost	$	35,829

Finance lease cost:
Amortization of right-of-use assets	$	1,060
Interest on lease liabilities		72
Total finance lease cost	$	1,132

Supplemental cash flow information related to leases was as follows:


	Three Months Ended March 31, 2019

Cash paid for amounts included in the measurement of lease liabilities:
Finance cash flows from finance leases	$	1,028
Finance lease cost:
Amortization of right-of-use assets	$	1,060
Interest on lease liabilities		72
Total finance lease cost	$	1,132

Supplemental balance sheet information related to leases was as follows:


	Three Months Ended March 31, 2019
Operating Leases
Operating lease right-of-use assets	$	472,224

Operating lease current liabilities		131,845
Operating lease long term liabilities		340,379
Total operating lease liabilities	$	472,224

Finance Leases
Property and equipment, at cost	$	6,363
Accumulated depreciation		1,060
Property and equipment, net	$	5,303

Finance lease current liabilities		4,241
Finance lease long term liabilities		1,094
Total finance lease liabilities	$	5,335


		Three Months Ended March 31, 2019
Weighted Average Remaining Lease Term
Operating leases		3 Years
Finance leases		1 Year

Weighted Average Discount Rate
Operating leases		4.75%
Finance leases		4.75%

Maturities of lease liabilities are as follows: