Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

Six Months Ended June 30, 2022
Balance at January 1, 2021	$	7,070,859
Deferral of revenue	13,248,342
Recognition of revenue	(14,180,480)
Change in reserves	(2,635)
Balance at December 31, 2021	$	6,136,086
Deferral of revenue	3,338,283
Recognition of revenue	(4,443,442)
Change in reserves	1,567
Balance at June 30, 2022	$	5,032,494

Assets And Liabilities, Lessee

We have various operating leases for office facilities that are expected to continue through 2023. Below is a summary of our ROU assets and liabilities as of June 30, 2022.

Right of use assets	$	70,355
Lease liability obligations, current	70,355
Lease liability obligations, less current portion	—
Total lease liability obligations	$	70,355
Weighted-average remaining lease term	1.00
Weighted-average discount rate	3.35		%

Lease Cost

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Components of lease expense:
Operating lease cost	$	37,286	$	209,967	$	69,380	$	624,318
Sublease income	—		(25,105)		—		(100,419)
Net lease cost	$	37,286	$	184,862	$	69,380	$	523,899

Operating Leases Maturity

Approximate future minimum lease payments for our ROU assets over the remaining lease periods as of June 30, 2022, are as follows:

2022	38,498
2023	38,498
Total minimum lease payments	76,996
Less interest	6,641
Present value of lease liabilities	70,355