Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Schedule of Balance Sheet Classification of Lease Assets and Liabilities

The balance sheet classification of lease assets and liabilities as of June 30, 2021 was as follows:

Balance Sheet Classification	June 30, 2021
Assets
Operating lease right-of-use assets, January 1, 2021	$	1,094,527
Amortization for the six months ended June 30, 2021		(153,299	)
Total operating lease right-of-use asset, June 30, 2021	$	941,228
Liabilities
Current
Operating lease liability, short-term	$	334,550
Non-current
Operating lease liability, long-term		682,619
Total lease liabilities	$	1,017,169

Balance Sheet Classification	December 31, 2020
Assets
Operating lease right-of-use assets, January 1, 2020	$	1,390,873
Amortization for the year ended December 31, 2020		(296,346	)
Total operating lease right-of-use asset, December 31, 2020	$	1,094,527
Liabilities
Current
Operating lease liability, short-term	$	321,727
Non-current
Operating lease liability, long-term		853,155
Total lease liabilities	$	1,174,882

 

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of June 30, 2021 under non-cancelable operating leases are as follows:

2021	$	185,369
2022		379,097
2023		390,562
2024		131,152
Total lease payments		1,086,180
Less: imputed interest		(69,011	)
Operating lease liability	$	1,017,169

Future minimum lease payments as of December 31, 2020 under non-cancelable operating leases are as follows:

2021	$	368,060
2022		379,097
2023		390,562
2024		131,152
Total lease payments		1,268,871
Less: imputed interest		(93,989	)
Operating lease liability	$	1,174,882