Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Summary of Components of Lease Cost

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Operating leases
Operating lease cost	$	107,969	$	182,287	$	383,672	$	570,163
Variable lease cost		26,636		36,554		73,120		89,716
Operating lease expense		134,605		218,841		456,792		659,879

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Financing leases
Amortization of right-of-use assets	$	5,444	$	10,035	$	18,501	$	34,033
Interest on lease liability		1,369		2,092		4,544		7,074
Total financing lease cost	$	6,813	$	12,127	$	23,045	$	41,107

Summary of Other Information Related to Operating Leases

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

	Nine Months Ended September 30,
	2021			2020
Cash paid for amounts included in measurement of operating lease liabilities	$	403,012		$	665,095
Establishment of operating lease liabilities arising from obtaining right-of-use assets	$	1,302,457		$	21,078
Weighted-average remaining lease term – operating leases		3.3			1.9
Weighted-average discount rate – operating leases		5.8	%		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 – non - current in the condensed consolidated balance sheets as of September 30, 2021 are as follows:

2021	$	111,441
2022		481,549
2023		484,719
2024		484,631
2025		40,382
Total		1,602,722
Less present value discount		(148,425	)
Total operating lease liabilities	$	1,454,297
Less operating lease liabilities - current		(398,313	)
Operating lease liabilities - non-current	$	1,055,984

Summary of Other Information Related to Financing Leases

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

	Nine Months Ended September 30,
	2021			2020
Weighted-average remaining lease term – financing leases		3.0			3.5
Weighted-average discount rate – financing leases		9.77	%		9.77	%

Summary of Remaining Maturities of Financing Leases

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

2021	$	5,772
2022		20,715
2023		18,396
2024		16,080
Total		60,963
Less present value discount		(8,328	)
Financing lease liabilities, net	$	52,635