Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases

Summary of quantitative information regarding the Company’s leases

	Three months ended March 31,
Lease Cost	2021		2020
Operating lease cost	$	57,923	$	55,768
Other Information
Operating cash flows paid for amounts included in the measurement of lease liabilities	$	63,482	$	62,909
Operating lease liabilities arising from obtaining right‑of‑use assets	$	—	$	—
Weighted average remaining lease term (years)		0.75 - 1.25		1.75 - 2.25
Weighted average discount rate		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 March 31, 2021:

	Operating
Future Lease Payments	Leases
2021	$	196,458
2022		67,860
Total Lease Payments	$	264,318
Less: Imputed Interest		(5,018)
Total Lease Liabilities	$	259,300