Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Three Months Ended March 31, 2019
Balance at December 31, 2018	$	9,366,490
Deferral of revenue	4,414,580
Recognition of revenue	(4,492,978		)
Balance at March 31, 2019	$	9,288,092

Assets And Liabilities, Lessee

We have various operating leases for office facilities that expire through 2021. Below is a summary of our right of use assets and liabilities as of March 31, 2019.

Right of use assets	2,493,530
Lease liability obligations, current	1,608,394
Lease liability obligations, less current portion	1,531,183
Total lease liability obligations	3,139,577
Weighted-average remaining lease term	2.07
Weighted-average discount rate	6.20	%

Operating Leases Maturity

Approximate future minimum lease payments for our right of use assets over the remaining lease periods as of March 31, 2019, are as follows:

Remainder of 2019	1,265,236
2020	1,567,637
2021	596,475
Thereafter	—
Total minimum lease payments	3,429,348
Less interest	(289,771	)
Present value of lease liabilities	3,139,577

The following is a schedule of future minimum lease payments as well as sublease income for all operating leases as of March 31, 2019:

	Payments		Sublease Income			Net Commitments
2019	1,265,236		(623,776		)	641,460
2020	1,567,637		(623,776		)	943,861
2021	596,475		(65,194		)	531,281
2022	—		—			—
Thereafter	—		—			—
	$	3,429,348	$	(1,312,746	)	$	2,116,602