Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases

Summary of quantitative information regarding the Company’s leases

	Three months ended June 30,				Six months ended June 30,
Lease Cost	2020		2019		2020		2019
Operating lease cost	$	27,265	$	26,071	$	54,223	$	51,853
Other Information
Operating cash flows paid for amounts included in the measurement of lease liabilities	$	62,909	$	30,409	$	125,818	$	60,818
Operating lease liabilities arising from obtaining right‑of‑use assets	$	—	$	—	$	—	$	—
Weighted average remaining lease term (years)		1.5 - 2.0		2.5		1.5 - 2.0		2.5
Weighted average discount rate		3.0 - 4.3%		3.0 - 4.3%		3.0 - 4.3%		3.0 - 4.3%

Schedule of future lease payments under noncancellable leases

Future lease payments under noncancelable leases are as follows at June 30, 2020:

	Operating
Future Lease Payments	Leases
Remainder of 2020	$	125,287
2021		252,870
2022		63,322
Total Lease Payments	$	441,479
Less: Imputed Interest		(14,026)
Total Lease Liabilities	$	427,453