Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Balance Sheet Classification of Lease Assets and Liabilities

The balance sheet classification of lease assets and liabilities was as follows:

Balance Sheet Classification	June 30, 2020
Assets
Operating lease right-of-use assets, January 1, 2020	$	1,390,873
Amortization for the six months ended June 30, 2020		(146,499	)
Total operating lease right-of-use asset, June 30, 2020	$	1,244,374
Liabilities
Current
Operating lease liability, short-term	$	309,294
Non-current
Operating lease liability, long-term		1,017,169
Total lease liabilities	$	1,326,463

The balance sheet classification of lease assets and liabilities as of December 31, 2019 was as follows:

Balance Sheet Classification	December 31, 2019
Assets
Operating lease right-of-use assets, January 1, 2019	$	1,674,857
Amortization for the year ended December 31, 2019		(283,984	)
Total operating lease right-of-use asset, December 31, 2019	$	1,390,873
Liabilities
Current
Operating lease liability, short-term	$	297,244
Non-current
Operating lease liability, long-term		1,174,882
Total lease liabilities	$	1,472,126

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of June 30, 2020 under non-cancelable operating leases are as follows:

2020	$	180,011
2021		368,060
2022		379,097
2023		390,562
2024		131,152
Total lease payments		1,448,882
Less: imputed interest		(122,419	)
Operating lease liability	$	1,326,463

Future minimum lease payments as of December 31, 2019 under non-cancelable operating leases are as follows:

2020	$	357,452
2021		368,060
2022		379,097
2023		390,562
2024		131,152
Total lease payments		1,626,323
Less: imputed interest		(154,197	)
Operating lease liability	$	1,472,126