Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Payments for Operating Leases

Approximate future minimum lease payments for our ROU assets over the remaining lease periods as of June 30, 2020, are as follows:

Remainder of 2020	850,408
2021	639,526
Total minimum lease payments	1,489,934
Less interest	(19,979	)
Present value of lease liabilities	1,469,955

The following is a schedule of future minimum lease payments as well as sublease income for all operating leases as of June 30, 2020:

	Payments		Sublease Income			Net Commitments
2020	850,408		(473,149		)	377,259
2021	639,526		(207,925		)	431,601
	$	1,489,934	$	(681,074	)	$	808,860