Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Summary of Operating Leases

The following summarizes quantitative information about the Company’s operating leases:

	Three Months Ended June 30, 2020			Three Months Ended June 30, 2019			Six Months Ended June 30, 2020			Six Months Ended June 30, 2019
Operating leases
Operating lease cost	$	403,077		$	554,921		$	845,905		$	1,089,888
Variable lease cost	122,865			78,237			312,149			168,081
Operating lease expense	525,942			633,158			1,158,054			1,257,969
Short-term lease rent expense	4,157			4,122			8,313			8,313
Total rent expense	$	530,099		$	637,280		$	1,166,367		$	1,266,282
Other information
Operating cash flows from operating leases	$	410,092		$	514,116		$	854,785		$	1,038,081
Right of use assets exchanged for operating lease liabilities	$	—		$	821,195		$	—		$	4,305,428
Weighted-average remaining lease term – operating leases	2.4			2.6			2.4			2.6
Weighted-average discount rate – operating leases	6.8		%	6.8		%	6.8		%	6.8		%

Future Minimum Rental Payments Under Operating Leases

Future minimum rental payments under operating lease agreements are as follows:

Year ending December 31, 2020 (remaining)	$	780,038
Year ending December 31, 2021	1,054,873
Year ending December 31, 2022	591,925
Year ending December 31, 2023	234,327
Year ending December 31, 2024	97,423
Total	$	2,758,586
Less present value discount	(212,148		)
Operating lease liabilities	$	2,546,438