Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Summary of Lease Term and Discount Rate

The weighted-average remaining lease term (in years) and discount rate related to the operating leases consisted of the following as of December 31, 2019:

Weighted-average remaining lease term	5.03 years
Weighted-average discount rate	9.85	%

Summary of Maturity of Lease Liabilities

The present value of the Company’s operating leases consisted of the following as of December 31, 2019:

Year Ending December 31,
2020	$	2,579,924
2021		685,111
2022		472,084
2023		486,247
2024		500,834
Thereafter		1,408,052
Minimum lease payments		6,132,252
Less imputed interest		(1,312,646	)
Present value of operating lease liabilities	$	4,819,606
Current portion included in accrued expenses and other (lease liabilities)	$	2,203,474
Long-term portion of operating lease liabilities		2,616,132
Total operating lease liabilities	$	4,819,606

Schedule of Future Minimum Operating Lease Payments

Prior to January 1, 2019, the Company accounted for its operating leases under the provisions of ASC 840, Accounting for Leases (“ASC 840”). The following table summarizes future minimum operating lease payments as of December 31, 2018 (prior to the adoption of ASC 842):

Year ending December 31,
2019	$	505,621
2020		347,845
2021		226,817
	$	1,080,283