Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Supplemental Information Related to Leases Supplemental information related to leases for the year ended December 31, 2020 was as follows:
Cash paid for amounts included in the measurement of operating lease liabilities $ 650,194 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,772,072 
Weighted-average remaining lease term - operating leases 3.3 years
Weighted-average discount rate - operating leases %
Future Minimum Lease Commitments
Future minimum lease commitments under non-cancellable operating leases as of December 31, 2020 were as follows:
Operating Leases
2021 $ 594,772 
2022 577,260 
2023 585,797 
2024 153,999 
2025 and thereafter 34,628 
Total lease payments 1,946,456 
Less: imputed interest 217,450 
Total $ 1,729,006