Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Supplemental Information Related to Leases
Supplemental information related to leases for the three months ended March 31, 2022 was as follows:
Three Months Ended
March 31, 2022 March 31, 2021
Cash paid for amounts included in the measurement of operating lease liabilities $ 181,661  $ 171,502 
Right-of-use assets obtained in exchange for operating lease liabilities $ —  $ 721,429 
Weighted-average remaining lease term - operating leases 3.80 years 4.50 years
Weighted-average discount rate - operating leases % %
Future Minimum Lease Commitments Future minimum lease commitments under non-cancellable operating leases as of March 31, 2022 were as follows:
 Operating Leases
Year 1 $ 552,222 
Year 2 745,244 
Year 3 299,248 
Year 4 108,785 
Year 5 102,978 
Thereafter 228,150 
Total lease payments 2,036,627 
Less: imputed interest 235,469 
Total $ 1,801,158 
Assets and Liabilities, Lessee Supplemental information related to operating leases as of March 31, 2022 and December 31, 2021 was as follows:
March 31, 2022 December 31, 2021
Operating leases
Right-of-use assets $ 1,716,737  $ 1,869,210 
Operating lease liability, current $ 653,176  $ 641,002 
Operating lease liability, long-term 1,147,982  1,315,275 
Total operating lease liability $ 1,801,158  $ 1,956,277