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Leases (Tables)
 6 Months Ended
Jun. 30, 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 Six Months Ended June 30,  
    2020  
Operating lease cost   $ 108,444  
Operating cash outflow from operating lease   $ 69,811  

 

   

As of

June 30, 2020

  
Operating lease right-of-use assset   $ 440,138  
Operating lease liability, current   $ 227,008  
Operating lease liability, long-term   $ 288,682  
         
Remaining lease term     2.2 years  
Discount rate     5.00 %
Schedule of Future Annual Minimum Lease Payments

Future annual minimum lease payments on the Facility Lease as of June 30, 2020 were as follows:

 

2020 (excluding the six months ended June 30, 2020)   $ 123,227  
2021     251,360  
2022     170,891  
Total minimum lease payments     545,478  
Less imputed interest     (29,788 )
Present value of minimum lease payments   $ 515,690