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Leases (Tables)
12 Months Ended
Dec. 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 Year Ended  
    December 31, 2020  
Operating lease cost   $ 216,889  
Operating cash outflow from operating lease   $ 160,934  

 

     

As of

December 31, 2020

 
Operating lease right-of-use assset   $ 343,950  
Operating lease liability, current   $ 266,105  
Operating lease liability, long-term   $ 169,119  
         
Remaining lease term     1.7 years  
Discount rate     5.00 %
Schedule of Future Annual Minimum Lease Payments

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

 

Years ended December 31,      
2021     281,864  
2022     170,891  
Total minimum lease payments     452,755  
Less imputed interest     (17,531 )
Present value of minimum lease payments   $ 435,224