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Operating Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of Supplemental other Information Related to Operating Leases Balance Sheet

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

 

 

June 30, 2020

 

Operating lease obligations

 

$

1,618,055

 

Operating lease right-of-use assets

 

$

662,074

 

Weighted-average remaining lease term

 

 

4.83

 

Weighted-average discount rate

 

 

8.0

%

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities is as follows:

 

Year ending December 31,

 

 

 

 

The remainder of 2020

 

$

194,596

 

2021

 

 

393,542

 

2022

 

 

400,198

 

2023

 

 

407,054

 

2024

 

 

414,116

 

2025 and thereafter

 

 

138,831

 

Total lease payments

 

 

1,948,337

 

Less imputed interest

 

 

(330,282

)

Total

 

$

1,618,055