Commitments and Contingencies (Tables)

9 Months Ended

Sep. 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 September 30, 2020, are as follows:

Remainder of 2020	424,592
2021	659,754
Total minimum lease payments	1,084,346
Less interest	(8,120)
Present value of lease liabilities	1,076,226

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

	Payments		Sublease Income		Net Commitments
2020	424,592		(75,314)		349,278
2021	659,754		(530,447)		129,307
	$	1,084,346	$	(605,761)	$	478,585