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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information for our leases for the years ended December 31, 2019 and 2018, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

As of

Leases

    

Classification

    

December 31, 2019

    

December 31, 2018

Assets

 

  

 

 

  

 

 

  

Noncurrent:

 

  

 

 

  

 

 

  

Finance

 

Office and other equipment, net of accumulated depreciation and amortization

 

$

2,913

 

$

14,564

Operating

 

Operating lease right-of-use assets

 

 

470,132

 

 

592,065

Total leased assets

 

  

 

$

473,045

 

$

606,629

 

 

 

 

 

 

 

 

 

Liabilities

 

  

 

 

  

 

 

  

Current:

 

  

 

 

  

 

 

  

Finance lease

 

Finance lease liabilities

 

$

1,860

 

$

9,299

Noncurrent:

 

  

 

 

  

 

 

  

Operating lease

 

Operating lease liabilities

 

 

524,248

 

 

646,519

Total leased liabilities

 

  

 

$

526,108

 

$

655,818

 

Schedule of Components of Leases Expenses

Our operating and finance leases expenses for the years ended December 31, 2019 and 2018, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

Leases

    

Classification

    

2019

    

2018

Operating

 

General and administrative expense

 

$

13,797

 

$

16,810

 

 

 

 

 

 

 

 

 

Finance lease cost:

 

  

 

 

  

 

 

  

 

 

Amortization expense

 

 

11,651

 

 

4,481

 

 

Interest expense

 

 

444

 

 

444

 

Schedule of Finance and Operating Leases Minimum

Minimum contractual obligations for our leases as of December 31, 2019 are as follows:

 

 

 

 

 

 

 

 

 

    

Operating Leases

    

Finance Lease

2020 (excluding year ended December 31, 2019)

 

$

160,958

 

$

2,133

2021

 

 

164,081

 

 

 —

2022

 

 

156,608

 

 

 —

2023

 

 

161,674

 

 

 —

2024

 

 

13,508

 

 

 —

Total remaining lease payments

 

$

656,829

 

$

2,133

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

    

2019

    

2018

Cash payments

 

 

  

 

 

  

Operating cash flows from operating leases

 

$

(337)

 

$

4,306

Operating cash flows from finance leases

 

 

4,657

 

 

(2,514)

Financing cash flows from finance leases

 

 

(444)

 

 

(444)