Leases (Tables)

9 Months Ended

Sep. 30, 2021

Lessee Disclosure [Abstract]

Schedule of Future Minimum Lease Payments

Future minimum lease payments under non-cancelable operating leases under ASC 842 as of September 30, 2021 are as follows:

	Operating Lease Payments
October 2021 – September 2022	$	198,385
October 2022 – September 2023		199,263
October 2023 – March 2024		84,261
Total future minimum lease payments		481,909
Less: present value adjustment		20,555
Operating lease liabilities at September 30, 2021		461,354
Less: current portion of operating lease liabilities		184,761
Operating lease liabilities, net of current portion	$	276,593

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 September 30, 2021
Lease Cost
Operating lease cost (included in General and administrative expenses in the Company’s condensed Consolidated Statements of Operations)	$	149,197
Other information
Cash paid for amounts included in the measurement of lease liabilities for the period ended September 30, 2021	$	141,900
Weighted average remaining lease term – operating leases (in years)		2.4
Average discount rate		3.6%