Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Summary of Lease Expense and Supplemental Cash Flow Information

The components of lease expense were as follows:

	Twelve Months Ended December 31, 2019
Operating lease cost	$	444,878
Operating sublease income	(381,653		)
Net operating lease cost	$	63,225

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

	Twelve Months Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	916,762

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

	December 31, 2019
Operating lease ROU assets	$	697,418
Current operating lease liabilities	$	865,379
Non-current operating lease liabilities	860,963
Total operating lease liabilities	$	1,726,342
Weighted-average remaining lease term–operating leases	2.0 years
Weighted-average discount rate–operating leases	6.5		%

Summary of Future Minimum Lease Payments

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
2020	$	865,379		$	(291,173	)	$	574,206
2021	968,165			(291,173		)	676,992
2022	5,868			—			5,868
2023	3,423			—			3,423
Total future minimum lease payments	1,842,835			$	(582,346	)	$	1,260,489
Less imputed interest	(116,493		)
Total	$	1,726,342

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

Year Ending December 31,	Operating Leases		Sublease Income			Net Operating Leases
2019	$	914,540	$	(333,124	)	$	581,416
2020	941,670		—			941,670
2021	968,165		—			968,165
2022	5,868		—			5,868
2023	3,423		—			3,423
Total	$	2,833,666	$	(333,124	)	$	2,500,542