Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Schedule of Right-of-use Assets and Related Lease Liabilities

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

		Year Ended December 31,
		2020				2019

Cash paid for operating lease liabilities		$	308,600			$	307,100
Right-of-use assets obtained in exchange for new operating lease obligations			60,500				75,600
Weighted-average remaining lease term			4.0 months				6.5 months
Weighted-average discount rate			10	%			10	%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of December 31, 2020 were as follows:

2021		$	114,700
2022			85,700
2023			88,300
2024			90,900
2025			93,600
Thereafter			64,000
			537,200
Less imputed interest			(124,400	)
Total lease liabilities			412,800
Current operating lease liabilities			78,100
Non-current operating lease liabilities			334,700
Total lease liabilities		$	412,800