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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Supplemental Operating Leases Balance Sheet

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

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Operating lease obligations (see Note 7 and 9)

 

$

1,824,840

 

 

$

1,744,128

 

Right of use asset

 

$

903,825

 

 

$

698,321

 

Weighted-average remaining lease term

 

 

4.33

 

 

 

5.33

 

Weighted-average discount rate

 

 

7.3

%

 

 

8.0

%

Summary of Maturities of Operating Leases Liabilities

Maturities of operating lease liabilities are as follows:

 

Year ending December 31,

 

 

 

 

2021

 

$

475,372

 

2022

 

 

484,484

 

2023

 

 

493,868

 

2024

 

 

503,535

 

2025

 

 

168,929

 

Total operating lease payments

 

 

2,126,188

 

Less: imputed interest

 

 

(301,348

)

Total operating lease liabilities (see Note 7 and 9)

 

$

1,824,840