Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Lease Expense

The components of lease expense (within different expense groupings) consist of the following:

	Year Ended December 31,
	2020
Operating lease expense	$	229,457
Short-term lease expense		87,848
Total lease cost	$	317,305

Schedule of Operating Leases Right of Use Assets and Liabilities

Balance sheet information related to leases consists of the following:

	As of December 31, 2020
Assets
Operating lease – right-of-use asset	$	1,098,819
Total lease assets	$	1,098,819
Liabilities
Current liabilities:
Lease obligation – operating lease	$	123,139
Noncurrent liabilities:
Lease obligation - operating lease, net of current portion		1,002,794
Total lease liability	$	1,125,933

Schedule of Weighted-average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate is as follows:

Weighted average remaining lease term (in years) – operating lease	6.25
Weighted average discount rate – operating lease	10.41

Schedule of Cash Flow Information

Cash flow information related to leases consists of the following:

	As of December 31, 2020
Operating cash flows for operating leases	$	84,747
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets	$	1,210,680

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum lease payment under non-cancellable lease as of December 31, 2020 are as follows:

As of December 31, 2020	Operating Leases
2021	$	234,628
2022		240,985
2023		247,533
2024		254,277
2025		261,228
Thereafter		313,302
Total minimum lease payments		1,551,953
Less effects of discounting		(426,020	)
Present value of future minimum lease payments	$	1,125,933