Leases (Tables)

9 Months Ended

Sep. 30, 2020

Information related to the Company’s right-of-use assets and related lease liabilities were as follows:

	Nine Months Ended September 30,
	2020			2019

Cash paid for operating lease liabilities	$	234,600		$	156,200
Right-of-use assets obtained in exchange for new operating lease obligations		64,100			117,800
Weighted-average remaining lease term		6.7 months			10.8 months
Weighted-average discount rate		10	%		10	%

Maturities of lease liabilities in 12 month period ended September 30, 2020 were as follows:

2020	$	149,300
2021		85,100
2022		87,600
2023		90,300
2024		93,000
Thereafter		87,600
		592,900
Less imputed interest		(135,500	)
Total lease liabilities		457,400
Current operating lease liabilities		110,100
Non-current operating lease liabilities		347,300
Total lease liabilities	$	457,400