Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense for the six months ended June 30, 2019 were as follows:

 

Operating lease cost   $ 339,478  
Finance lease cost:        
Amortization of right-of-use assets   $ 6,744  
Interest on lease liabilities     1,824  
Total finance lease cost   $ 8,568  
Schedule of Future Minimum Lease Payments Under All Non-cancelable Operating Leases

Future minimum lease payments as of June 30, 2019 under all non-cancelable operating leases having an initial or remaining term of more than one year were:

 

   

Operating

Leases

   

Finance

Lease

 
2019   $ 230,744     $ 11,556  
2020     917,444       23,112  
2021     1,008,227       23,112  
2022     949,535       11,823  
2023     910,166       10,451  
Thereafter     5,139,851       3,229  
Total lease payments     9,155,967     $ 83,282  
Less: imputed interest     (2,845,742 )     (11,296 )
    $ 6,310,224     $ 71,986