Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases

Schedule of lease-related assets and liabilities

The following table presents the lease-related assets and liabilities and their respective classification on the condensed consolidated balance sheets:

		March 31,		December 31,
		2021		2020
ASSETS
Current
Prepaid expenses and other current assets	$	93,323	$	108,303
Current assets of discontinued operations		26,197		—
Noncurrent
Operating lease right-of-use assets		2,889,508		1,329,561
Long-term assets of discontinued operations		—		33,909
Total lease right-of-use assets	$	3,009,028	$	1,471,773
LIABILITIES
Current
Current maturities of operating leases	$	462,464	$	455,788
Current liabilities of discontinued operations		24,669		29,432
Noncurrent
Noncurrent operating leases		2,520,367		982,076
Noncurrent liabilities of discontinued operations		—		2,499
Total lease liabilities	$	3,007,500	$	1,469,795
Weighted average remaining lease term:
Operating leases		7.5 years		3.4 years
Operating leases - discontinued operations		0.9 years		1.1 years
Weighted average discount rate:
Operating leases		4.92%		4.15%
Operating leases - discontinued operations		3.48%		3.48%

Schedule of Lease, Cost

		March 31,		December 31,
		2021		2020
ASSETS
Current
Prepaid expenses and other current assets	$	93,323	$	108,303
Current assets of discontinued operations		26,197		—
Noncurrent
Operating lease right-of-use assets		2,889,508		1,329,561
Long-term assets of discontinued operations		—		33,909
Total lease right-of-use assets	$	3,009,028	$	1,471,773
LIABILITIES
Current
Current maturities of operating leases	$	462,464	$	455,788
Current liabilities of discontinued operations		24,669		29,432
Noncurrent
Noncurrent operating leases		2,520,367		982,076
Noncurrent liabilities of discontinued operations		—		2,499
Total lease liabilities	$	3,007,500	$	1,469,795
Weighted average remaining lease term:
Operating leases		7.5 years		3.4 years
Operating leases - discontinued operations		0.9 years		1.1 years
Weighted average discount rate:
Operating leases		4.92%		4.15%
Operating leases - discontinued operations		3.48%		3.48%

Schedule of Cash Flow, Supplemental

Supplemental cash flow information related to leases is as follows:

	Three Months Ended March 31,
	2021		2020
Cash paid for amounts included in measurement of liabilities:
Operating cash outflows for operating leases	$	191,526	$	231,879
Operating cash outflows for operating leases - discontinued operations		7,820		45,779

Schedule of future lease payments relating to the Company's operating lease liabilities

Future lease payments relating to the Company’s operating lease liabilities as of March 31, 2021 were as follows:

Years ending December 31,	Total
2021	$	443,802
2022		622,610
2023		627,033
2024		410,464
2025		268,897
Thereafter		1,150,273
Total future lease payments		3,523,079
Less: imputed interest		(540,248)
Total lease obligations		2,982,831
Less: current obligations		(462,464)
Noncurrent lease obligations	$	2,520,367