Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of lease expense were as follows:

Supplemental cash flow and other information related to leases was as follows:



	Three months ended June 30, 2019		Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	229,574	$	455,938

ROU assets obtained in exchange for lease obligations:
Operating leases	$	—	$	2,503,148

Supplemental balance sheet information related to leases was as follows:



	June 30, 2019
Operating lease ROU assets	$	1,660,631

Current operating lease liabilities	$	816,102
Non-current operating lease liabilities	1,307,384
Total operating lease liabilities	$	2,123,486

Weighted-average remaining lease term–operating leases	2.5 years
Weighted-average discount rate–operating leases	6.5		%

Total remaining annual commitments under non-cancelable lease agreements for each of the years ended December 31 are as follows:



Year Ending December 31,	Operating Leases			Sublease Income			Net Operating Leases
2019 (excluding the six months ended June 30, 2019)	$	384,533		$	(181,779	)	$	202,754
2020	941,670			(291,173		)	650,497
2021	968,165			(291,173		)	676,992
2022	5,868			—			5,868
2023	3,423			—			3,423
Total future minimum lease payments	2,303,659			$	(764,125	)	$	1,539,534
Less imputed interest	(180,173		)
Total	$	2,123,486

Total annual commitments under non-cancelable lease agreements as of December 31, 2018 under the previous lease accounting guidance are as follows: