Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of ROU Assets and Lease Liabilities

The following table presents the Company’s ROU assets and lease liabilities as of September 30, 2021 and December 31, 2020:

Lease Classification	September 30, 2021		December 31, 2020
ROU Assets:
Operating	$	1,885,025	$	2,082,300
Financing		141,387		449,628
Total ROU assets	$	2,026,412	$	2,531,928
Liabilities
Current:
Operating	$	610,336	$	964,434
Finance		68,831		266,470
Noncurrent:
Operating		2,953,615		1,492,544
Finance		7,869		46,794
Total lease liabilities	$	3,640,651	$	2,770,242

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2021 by fiscal year are as follows:

Maturity of Lease Liabilities	Operating			Finance			Total
2021	$	255,767		$	31,397		$	287,164
2022		731,523			44,850			776,373
2023		617,829			3,364			621,193
2024		627,424			280			627,704
2025		541,023			—			541,023
Thereafter		2,504,648			—			2,504,648
Total lease payments		5,278,214			79,891			5,358,105
Less: Interest		(1,714,263	)		(3,191	)		(1,717,454	)
Present value of lease liabilities	$	3,563,951		$	76,700		$	3,640,651

Schedule of Statement of Operations Classification of Lease Costs and Other Information

Condensed consolidated statements of operations classification of lease costs as of the three and nine months ended September 30, 2021 and 2020 are as follows:

		Three months ended September 30,				Nine months ended September 30,
Lease Cost	Classification	2021		2020		2021		2020
Operating	Operating expenses	$	188,945	$	332,241	$	835,314	$	882,659
Finance:
Amortization	Operating expenses		85,822		125,005		308,242		387,262
Interest expense	Other expenses		2,640		15,806		13,991		49,326
Total lease costs		$	277,407	$	473,052	$	1,157,547	$	1,319,247

Other lease information as of September 30, 2021 is as follows:

Other Information	Total
Weighted average remaining lease term (in years)
Operating leases		7.4
Finance leases		0.9
Weighted average discount rate:
Operating leases		8.9	%
Finance leases		9.2	%

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information as of the nine months ended September 30, 2021 and 2020 is as follows:

Supplemental Cash Flow Information	2021		2020
Cash paid for amounts included in the measurement of lease liabilities
Cash used in operating activities
Operating leases	$	835,314	$	882,659
Finance leases	$	13,991	$	45,185
Cash used in financing activities
Finance leases	$	236,563	$	467,592
ROU assets obtained in exchange for lease obligations:
Operating leases	$	748,294	$	—