Commitments (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of components of lease expense

The components of lease expense were as follows:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Operating lease cost	$	47,696	$	47,696	$	142,947	$	202,665
Variable lease cost	21,169		21,284		62,415		58,163
Total lease cost	$	68,865	$	68,980	$	205,362	$	260,828

Schedule of supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

	September 30, 2020		December 31, 2019
Right-of-use assets, net	$	217,508	$	344,574
Current lease obligations	$	164,808	$	172,310
Non-current lease obligations	42,746		163,198
Total lease liabilities	$	207,554	$	335,508

Supplemental cash flow information

Supplemental information related to leases was as follows:

	Nine months ended September 30,
	2020		2019
Weighted-average remaining lease terms—operating leases (years)	1.4		2.3
Weighted-average discount rate—operating leases	7.6	%	7.6	%

Schedule of maturities of operating leases

Future minimum operating minimum lease payments for all leases, exclusive of taxes and other carrying charges, are approximately as follows:

For the Years Ending December 31,	Amount
Remainder of 2020	$	48,056
2021	160,909
2022	11,354
Total	$	220,319
Less: present value adjustment	(12,765)
Present value of minimum lease payments	$	207,554

Schedule of maturities of finance leases

Future minimum lease payments for all financing leases, exclusive of taxes and other carrying charges, are approximately as follows:

For the Years Ending December 31,	Amount
Remainder of 2020	$	5,964
2021	9,941
Total	$	15,905
Less: present value adjustment	(444)
Present value of minimum lease payments	$	15,461