Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Nine Months Ended September 30, 2019
Balance at December 31, 2018	$	9,366,490
Deferral of revenue	11,317,880
Recognition of revenue	(12,464,812		)
Balance at September 30, 2019	$	8,219,558

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 September 30, 2019.

Right of use assets	$	2,107,529
Lease liability obligations, current	1,704,858
Lease liability obligations, less current portion	917,563
Total lease liability obligations	$	2,622,421
Weighted-average remaining lease term	1.61
Weighted-average discount rate	6.07		%

Operating Leases Maturity

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

Remainder of 2019	438,074
2020	1,714,436
2021	639,526
Thereafter	—
Total minimum lease payments	2,792,036
Less interest	(169,615	)
Present value of lease liabilities	2,622,421

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

	Payments		Sublease Income			Net Commitments
2019	$	438,074	$	(155,944	)	$	282,130
2020	1,714,436		(623,776		)	1,090,660
2021	639,526		(207,925		)	431,601
2022	—		—			—
Thereafter	—		—			—
	$	2,792,036	$	(987,645	)	$	1,804,391