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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases  
Summary of Supplemental other Information Related to Operating Leases Balance Sheet

Supplemental balance sheet information related to the operating leases is as follows:

December 31, 

 

2021

2020

 

Operating lease obligations (see Note 7 and 9)

    

$

1,535,112

    

$

1,824,840

Operating lease right-of-use assets (included in "Other assets" in Balance Sheet)

$

798,178

$

903,825

Weighted-average remaining lease term (years)

 

3.3

 

4.33

Weighted-average discount rate

 

7.2

%  

 

7.3

%

Summary of Maturities of Operating Leases Liabilities

Maturities of operating lease liabilities are as follows:

Year ending December 31, 

    

  

2022

$

505,305

2023

 

515,314

2024

 

525,623

2025

 

176,365

Total operating lease payments

 

1,722,607

Less: imputed interest

 

(187,495)

Total operating lease liabilities (see Note 7 and 9)

$

1,535,112