Leases

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Leases

Leases

The Company has operating leases for certain sales and engineering offices, as well as other vehicles and equipment, which are included within "Plant and Equipment - Net" section of the Condensed Consolidated Balance Sheets. The leases have remaining lease terms of 1 year to 4 years. The weighted average remaining lease term for operating leases as of March 31, 2022 was 2 years, with a weighted average discount rate of 3.1%.

Future minimum lease payments for operating leases as of March 31, 2022 were as follows:

Year ending December 31,
2022 (excluding the three months ended March 31, 2022)	$	1,013,318
2023	921,600
2024	159,826
2025	7,102
2026	430
Total future minimum lease payments	2,102,276
Less imputed interest	(25,959)
Total	$	2,076,317

Reported as of March 31, 2022
Accrued Liabilities	$	1,300,709
Other Non-Current Liabilities	775,608
Total	$	2,076,317