Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of Future Minimum Lease Payments

Future minimum lease payments under non-cancelable operating leases under ASC 842 as of March 31, 2021 are as follows:

	Operating Lease Payments
April 2021 – March 2022	$	200,852
April 2022 – March 2023		195,936
April 2023 – March 2024		185,200
Total future minimum lease payments		581,988
Less: present value adjustment		29,569
Operating lease liabilities at March 31, 2021		552,419
Less: current portion of operating lease liabilities		184,329
Operating lease liabilities, net of current portion	$	368,090

Schedule of Rent Expense and Supplemental Cash Flow Information Related to Leases

The components of rent expense and supplemental cash flow information related to leases for the period are as follows:

	Period Ended March 31, 2021
Lease Cost
Operating lease cost (included in General and administrative expenses in the Company’s condensed Consolidated Statements of Operations)	$	49,039
Other information
Cash paid for amounts included in the measurement of lease liabilities for the period ended March 31, 2021	$	47,061
Weighted average remaining lease term – operating leases (in years)		2.9
Average discount rate		3.6	%