Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Six Months Ended June 30, 2021
Balance at January 1, 2020	$	6,369,129
Deferral of revenue	6,683,457
Recognition of revenue	(7,087,073)
Change in reserves	(2,793)
Balance at June 30, 2021	$	5,962,720

Assets And Liabilities, Lessee

We have various operating leases for office facilities that expire through 2021. Below is a summary of our ROU assets and liabilities as of June 30, 2021.

Right of use assets	$	194,888
Lease liability obligations, current	125,048
Lease liability obligations, less current portion	71,205
Total lease liability obligations	$	196,253
Weighted-average remaining lease term	1.59
Weighted-average discount rate	3.95		%

Lease Cost

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Components of lease expense:
Operating lease cost	$	209,967	$	455,454	$	624,318	$	944,497
Sublease income	(25,105)		(155,944)		(100,419)		(354,999)
Net lease cost	$	184,862	$	299,510	$	523,899	$	589,498

Operating Leases Maturity

Approximate future minimum lease payments for our ROU assets over the remaining lease periods as of June 30, 2021, are as follows:

2021	87,605
2022	112,231
Total minimum lease payments	199,836
Less interest	3,583
Present value of lease liabilities	196,253

The following is a schedule of future minimum lease payments as well as sublease income for all operating leases as of June 30, 2021:

	Payments
2021	$	87,605
2022	112,231
	$	199,836