Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Six Months Ended June 30, 2019
Balance at December 31, 2018	$	9,366,490
Deferral of revenue	7,812,630
Recognition of revenue	(8,492,367		)
Balance at June 30, 2019	$	8,686,753

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 June 30, 2019.

Right of use assets	$	2,454,349
Lease liability obligations, current	1,753,015
Lease liability obligations, less current portion	1,281,804
Total lease liability obligations	$	3,034,819
Weighted-average remaining lease term	1.83
Weighted-average discount rate	6.04		%

Operating Leases Maturity

Approximate future minimum lease payments for our right of use assets over the remaining lease periods as of June 30, 2019, are as follows:

Remainder of 2019	947,848
2020	1,788,450
2021	639,526
Thereafter	—
Total minimum lease payments	3,375,824
Less interest	(341,005	)
Present value of lease liabilities	3,034,819

The following is a schedule of future minimum lease payments as well as sublease income for all operating leases as of June 30, 2019:

	Payments		Sublease Income			Net Commitments
2019	$	947,848	$	(311,888	)	$	635,960
2020	1,788,450		(623,776		)	1,164,674
2021	639,526		(65,194		)	574,332
2022	—		—			—
Thereafter	—		—			—
	$	3,375,824	$	(1,000,858	)	$	2,374,966