Note 8 : Commitments and Contingencies Leases Our corporate headquarters, located at 201 Spear Street, Suite 1100, San Francisco, CA 94105 is a leased space, which we lease on a month-to-month basis for $129 a month. The Company also leases office space in San Anselmo, California under an operating lease that was scheduled to expire March 31, 2020 and monthly rent of $2,466. The original lease included an option to extend the lease term for up to two years to be exercised no later than August 31, 2019. This option was not included in the calculation of the ROU assets and lease liabilities recorded upon the adoption of ASC 842 on January 1, 2019 because it was not reasonably certain that the Company would exercise the option. Lease expense was $27,331 for the year ended December 31, 2019 which is included in general and administrative expenses in the accompanying consolidated statement of operations. Cash payments for the operating lease were $29,586 for the year ended December 31, 2019. Supplemental balance sheet information related to leases as of December 31, 2019 was as follows: Operating lease right-of-use assets in other assets 6,833 Operating lease liabilities in lease payable 7,539 Weighted average remaining lease term 0.75 Discount rate 6 % As of December 31, 2019, the estimated future payments under this operating lease (including rent escalation clauses) for 2020 is $7,692 less imputed interest of $153. There are no estimated future payments after 2020.