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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2021
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Operating Lease Expense

For the three and nine months ended September 30, 2021, the Company had the following operating lease expense:

 

 

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

Statement of Operations Location

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

Operating lease expense

 

General and administrative and Research and development

 

$

286,923

 

 

$

 

 

$

860,769

 

 

$

 

 

Total operating lease expense

 

 

 

$

286,923

 

 

$

 

 

$

860,769

 

 

$

 

 

Schedule of Future Minimum Lease Payments of Operating Leases

Future minimum lease payments of the Company’s operating leases as of September 30, 2021 were as follows:

 

2021

 

$

270,000

 

2022

 

 

630,000

 

2023

 

 

 

2024

 

 

 

2025

 

 

 

Thereafter

 

 

 

Total lease payments

 

 

900,000

 

Less imputed interest

 

 

(19,884

)

Present value of operating lease liabilities

 

$

880,116