Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Schedule of lease cost

	For the Three Months Ended June 30, 2022		For the Six Months Ended June 30, 2022
Operating lease cost	$	191,446	$	336,003
Finance lease cost
Amortization of lease assets		62,861		125,721
Interest on lease liabilities		5,553		11,870
Total finance lease cost	$	68,414	$	137,591

Schedule of weighted average remaining lease term and incremental borrowing rate

	For the Six Months Ended June 30, 2022			For the Six Months Ended June 30, 2021
Weighted average remaining lease term
Operating leases		4.4	years		5.7	years
Finance leases		1.9	years		1.8	years
Weighted average incremental borrowing rate
Operating leases		5.34	%		6.47	%
Finance leases		5.27	%		6.00	%

Schedule of maturities of operating and finance lease liabilities

Maturities of operating and finance lease liabilities as of June 30, 2022 were as follows:

	Operating Leases		Finance Leases		Total
Years Ending December 31, 2022 (excluding the three months ended June 30, 2022)	$	357,524		158,026		515,550
2023		558,216		135,632		693,848
2024		403,966		131,256		535,222
2025		315,132		-		315,132
2026		245,606		-		245,606
2027		209,214		-		209,214
Total minimum lease payments		2,089,658		424,914		2,514,572
Less: imputed interest		(210,691)		(20,056)		(230,747)
Present value of lease liabilities	$	1,878,967	$	404,858	$	2,283,825