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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Lease Cost

The lease cost, cash flows and other information related to the Facility Lease were as follows:

 

    For the Three Months Ended
March 31,
2020
 
       
Operating lease cost   $ 54,222  
Operating cash outflow from operating lease   $ 60,406  

 

    As of March 31, 2020  
Operating lease right-of-use assset   $ 487,467  
Operating lease liability, current   $ 222,397  
Operating lease liability, long-term   $ 346,806  
         
Remaining lease term     2.4 years  
Discount rate     5.00 %
Schedule of Future Annual Minimum Lease Payments

Future annual minimum lease payments on the Facility Lease as of March 31, 2020 were as follows:

 

2020 (excluding the three months ended March 31, 2020)   $ 183,633  
2021     251,360  
2022     170,891  
Total minimum lease payments     605,884  
Less imputed interest     (36,681 )
Present value of minimum lease payments   $ 569,203