Quarterly report pursuant to Section 13 or 15(d)

Cash and Cash Equivalents

v3.20.2
Cash and Cash Equivalents
9 Months Ended
Sep. 30, 2020
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents

NOTE 3 – CASH AND CASH EQUIVALENTS

 

The Company considers all highly liquid debt instruments with an original maturity of three months or less when purchased to be cash equivalents unless they are legally or contractually restricted. The Company’s cash and cash equivalent balances exceed Federal Deposit Insurance Corporation (FDIC) and other local jurisdictional limits. Restricted cash at December 31, 2019 and September 30, 2020 consists of cash held in escrow for purchases from a vendor.