SUMMARY OF CRITICAL ACCOUNTING POLICIES AND ESTIMATES (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Summary of restrictions on cash and cash equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the same such amounts shown in the consolidated statements of cash flows.

	June 30, 2020		June 30, 2019
Cash and cash equivalents	$	17,754,312	$	498,219
Restricted cash	100,125		100,007
Cash and cash equivalents and restricted cash as shown in the consolidated statements of cash flows	$	17,854,437	$	598,226

Schedule of cash and cash equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the same such amounts shown in the consolidated statements of cash flows.

	June 30, 2020		June 30, 2019
Cash and cash equivalents	$	17,754,312	$	498,219
Restricted cash	100,125		100,007
Cash and cash equivalents and restricted cash as shown in the consolidated statements of cash flows	$	17,854,437	$	598,226