Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Nine Months Ended September 30, 2021
Balance at January 1, 2020	$	6,369,129
Deferral of revenue	9,281,741
Recognition of revenue	(10,370,542)
Change in reserves	(1,510)
Balance at September 30, 2021	$	5,278,818

Assets And Liabilities, Lessee

We have various operating leases for office facilities that expire through 2021. Below is a summary of our ROU assets and liabilities as of September 30, 2021.

Right of use assets	$	140,238
Lease liability obligations, current	87,381
Lease liability obligations, less current portion	53,430
Total lease liability obligations	$	140,811
Weighted-average remaining lease term	1.87
Weighted-average discount rate	3.57		%

Lease Cost

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Components of lease expense:
Operating lease cost	$	88,593	$	442,501	$	712,911	$	1,386,998
Sublease income	—		(75,314)		(100,419)		(430,313)
Net lease cost	$	88,593	$	367,187	$	612,492	$	956,685

Operating Leases Maturity

Approximate future minimum lease payments for our ROU assets over the remaining lease periods as of September 30, 2021, are as follows:

2021	30,063
2022	112,232
Total minimum lease payments	142,295
Less interest	1,484
Present value of lease liabilities	140,811

The following is a schedule of future minimum lease payments as well as sublease income for all operating leases as of September 30, 2021:

	Payments
2021	$	30,063
2022	112,232
	$	142,295