COMMITMENTS AND CONTINGENCIES

3 Months Ended

Mar. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

 

8. COMMITMENTS AND CONTINGENCIES

Operating Lease Commitment

See Note 6 to the consolidated financial statements in our 2020 Annual Report for additional information regarding leases.

Pursuant to the terms of our non-cancelable lease agreements in effect at March 31, 2021, the following table summarizes our maturities of operating lease liabilities as of March 31, 2021: 

2021 (Remainder of year)	$	1,209,771
2022		1,652,563
2023		1,700,005
2024		1,747,447
2025		1,794,889
Thereafter		1,688,145
Total lease payments	$	9,792,820
Less: imputed interest		(1,933,184	)
Total	$	7,859,636