Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2020

Supplemental balance sheet information related to leases is as follows:

	December 31, 2020
Operating lease right-of-use assets	$	655,138

Operating lease liabilities - Short term	$	176,900
Operating lease liabilities - Long term		493,790
Total operating lease liabilities	$	670,690

	For the Twelve Months Ended December 31, 2020			For the Twelve Months Ended December 31, 2019
Weighted Average Remaining Lease Term In Years
Operating leases		3.46			4.46

Weighted Average Discount Rate
Operating leases		5.70	%		5.70	%

Maturities of operating lease liabilities are as follows:

Year ended December 31:
2021		210,561
2022		217,379
2023		169,657
2024		146,718
Total	$	744,315
Less: Imputed interest		(73,625	)
Present value of lease liabilities	$	670,690

The cost component of operating leases is as follows:

	For the Twelve Months Ended December 31, 2020		For the Twelve Months Ended December 31, 2019
Operating lease cost	$	226,090	$	214,359
Short-term lease cost		2,149		3,989
Total lease cost	$	228,239	$	218,348

Supplemental cash flow information related to operating leases is as follows:

	For the Twelve Months Ended December 31, 2020			For the Twelve Months Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(225,681	)	$	(201,256	)
Non-cash investing and financing activities:
Additions to ROU assets obtained from:
Right-of-use assets obtained in exchange for new operating lease liabilities		—		$	176,027
Right-of-use assets and lease liabilities obtained from lease modifications		—		$	815,937