Leases (Tables)

3 Months Ended

Mar. 31, 2022

Lessee Disclosure [Abstract]

Future Minimum Lease Payments Required Under Office Leases

The future minimum lease payments required under our office leases as of March 31, 2022 are as follows:

	Amount
2022	$	691,601
2023		470,366
2024		455,656
2025		310,354
Total lease payments		1,927,977
Less: Interest		(199,519	)
Present value of lease liabilities	$	1,728,458

Summary of Lease Related Assets and Liabilities Recorded on Balance Sheet

The table below presents the lease related assets and liabilities recorded on the balance sheet. Right-of-use assets and related liabilities related to finance leases at March 31, 2022 are de minimis.

	March 31,		December 31,
	2022		2021
Operating Leases:	(Unaudited)
Right-of-use operating lease asset:
Property and equipment, net and other assets	$	1,703,764	$	1,945,438
Lease Liabilities:
Accounts payable and accrued liabilities	$	715,140	$	868,799
Other long-term liabilities		1,013,318		1,123,799
Total operating lease liabilities	$	1,728,458	$	1,992,598