Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Supplemental balance sheet information related to leases is as follows:

	March 31, 2020
Operating lease right-of-use assets	$	781,674

Operating lease liabilities - Short term		167,864
Operating lease liabilities - Long term		627,723
Total operating lease liabilities	$	795,587

Weighted Average Remaining Lease Term In Years
Operating leases		4.21

Weighted Average Discount Rate
Operating leases		5.70	%

Maturities of operating lease liabilities are as follows:

Year ended December 31:
2020	$	156,549
2021		210,561
2022		217,379
2023		169,657
2024		146,718
Total		900,864
Less: Imputed interest		(105,277	)
Present value of lease liabilities	$	795,587

The cost component of operating leases is as follows:

	For the Three Months Ended March 31, 2020
Operating lease cost		55,198
Short-term lease cost		274
Total lease cost	$	55,472

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

For the Three Months

Ended March 31, 2020

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

56,429