Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Summary of Right-of-use Asset and Lease Liability

The table below summarizes the right-of-use asset and lease liability for the period ended December 31, 2020:

	December 31, 2020
Right of Use Assets
Balance at December 31, 2019	$	789,205
Addition		260,661
Termination		(234,980	)
Depreciation		(331,773	)
Balance at December 31, 2020	$	483,113
Lease Liability
Balance at December 31, 2019	$	789,205
Addition		260,661
Termination		(234,980	)
Lease interest expense		53,768
Payments		(385,541	)
Balance at December 31, 2020	$	483,113
Short-term portion	$	287,900
Long-term portion		195,213
Total	$	483,113

Schedule of Undiscounted Rent Payments

Undiscounted rent payments for the next five years are as follows:

2021	$	334,620
2022		78,240
2023		77,100
2024		70,440
2025		71,940
Total	$	632,340
Impact of discounting		149,227
Lease liability, December 31, 2020	$	483,113