Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases

Summary of quantitative information regarding the Company’s leases

	Year Ended
	December 31,
Lease Cost	2019
Operating lease cost	$	161,856
Other Information
Operating cash flows paid for amounts included in the measurement of lease liabilities	$	174,846
Operating lease liabilities arising from obtaining right‑of‑use assets	$	355,330
Weighted average remaining lease term (years)		2.0  -2.5
Weighted average discount rate		3.0% - 4.3%

Schedule of future lease payments under noncancellable leases

Future lease payments under noncancelable leases are as follows at December 31, 2019:

	Operating
Future Lease Payments	Leases
2020	$	251,008
2021		253,303
2022		63,539
Total Lease Payments	$	567,850
Less: Imputed Interest		(22,900)
Total Lease Liabilities	$	544,950