Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

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

 

Operating lease cost   $ 585,940  
Finance lease cost:        
Amortization of right-of-use assets   $ 14,914  
Interest on lease liabilities     4,188  
Total finance lease cost   $ 19,102  
Schedule of Future Minimum Lease Payments Under All Non-cancelable Operating Leases

Future minimum lease payments as of September 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   $ 141,156     $ 9,603  
2020     917,444       38,412  
2021     1,008,227       38,412  
2022     949,535       27,123  
2023     910,166       23,201  
Thereafter     5,139,851       3,229  
Total lease payments     9,066,379     $ 139,980  
Less: imputed interest     (2,727,246 )     (18,778 )
    $ 6,339,133     $ 121,202