Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Summary of Components of Lease Cost

The components of lease cost for operating leases were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Operating leases
Operating lease cost	$	108,024	$	182,649	$	275,703	$	387,876
Variable lease cost		20,333		43,706		46,484		53,162
Operating lease expense		128,357		226,355		322,187		441,038

The components of lease cost for financing leases were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Financing leases
Amortization of right-of-use assets	$	5,958	$	11,480	$	13,057	$	23,998
Interest on lease liability		1,510		2,347		3,175		4,982
Total financing lease cost	$	7,468	$	13,827	$	16,232	$	28,980

Summary of Other Information Related to Operating Leases

The table below summarizes other information related to the Company’s operating leases:

	Six Months Ended June 30,
	2021			2020
Cash paid for amounts included in measurement of operating lease liabilities	$	287,581		$	439,518
Establishment of operating lease liabilities arising from obtaining right-of-use assets	$	-		$	21,078
Weighted-average remaining lease term – operating leases		0.6			2.0
Weighted-average discount rate – operating leases		6.3	%		9.6	%

Summary of Remaining Maturities of Operating Leases, Excluding Short-term Leases

Remaining maturities of the Company’s operating leases, excluding short-term leases, included in operating lease liabilities – current in the condensed consolidated balance sheets as of June 30, 2021 are as follows:

2021	$	230,807
2022		38,446
Total		269,253
Less present value discount		(5,522	)
Total operating lease liabilities	$	263,731

Summary of Other Information Related to Financing Leases

The table below summarizes other information related to the Company’s financing leases:

	Six Months Ended June 30,
	2021			2020
Weighted-average remaining lease term – financing leases		3.2			3.6
Weighted-average discount rate – financing leases		9.77	%		9.77	%

Summary of Remaining Maturities of Financing Leases

As of June 30, 2021, remaining maturities of the Company’s financing leases are as follows:

2021	$	12,487
2022		20,715
2023		18,396
2024		16,080
Total		67,678
Less present value discount		(9,698	)
Financing lease liabilities, net	$	57,980