Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of balance sheet information

Balance Sheet Location			September 30, 2020
Operating Leases
Right-of-use assets, net		$	1,567,074
Current liabilities	Lease liability, current maturities		311,745
Non-current liabilities	Lease liability, net of current maturities		1,255,329
Total operating lease liabilities		$	1,567,074
Finance Leases
Right-of-use assets		$	57,120
Current liabilities	Lease liability, current maturities		20,160
Non-current liabilities	Lease liability, net of current maturities		36,960
Total finance lease liabilities		$	57,120
Weighted Average Remaining Lease Term
Operating leases			4.9 years
Finance leases			2.9 years
Weighted Average Discount Rate
Operating leases			3%
Finance leases			3%

Schedule of approximate minimum annual rental commitments under non-cancelable leases

Year Ending December 31,		Operating		Financing		Total
2020 (remaining)	$	87,300	$	4,555	$	91,855
2021		349,200		20,160		369,360
2022		349,200		20,160		369,360
2023		330,300		12,245		342,545
2024		324,000		-		324,000
Thereafter		243,000		-		243,000
Total lease payments		1,683,000		57,120		1,740,120
Less: Imputed interest		115,926		-		115,926
Present value of lease liabilities	$	1,567,074	$	57,120	$	1,624,194