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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Reconciliation of Undiscounted Lease Liabilities to Total Lease Liabilities

The following table reconciles the undiscounted lease liabilities to the total lease liabilities recognized on the unaudited condensed balance sheet as of June 30, 2020:

Undiscounted lease liabilities for years ending December 31,:

 

 

 

   2020 (remaining)

$

132,366

 

   2021

 

273,158

 

   2022

 

115,951

 

   Total undiscounted lease liabilities

$

521,475

 

Less effects of discounting

 

(41,534

)

   Total lease liabilities as of June 30, 2020

$

479,941

 

 

 

 

 

Reported as of June 30, 2020:

 

 

 

Other current liabilities

$

267,072

 

Other non-current liabilities

 

212,869

 

   Total lease liabilities

$

479,941

 

Future Minimum Lease Payments

Future minimum lease payments at December 31, 2019 were as follows:

Years Ending December 31:

Minimum Lease Payments

 

2020

$

263,392

 

2021

 

273,158

 

2022

 

115,951

 

Total

$

652,501