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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Schedule of Lease Expense | The components of lease expense, including short term leases, were as follows:
|  | For the Year Ended |  |  | For the Year Ended |
|  | December 31, 2020 |  |  | December 31, 2019 |
Operating lease |  | $ | 324,728 |  |  | $ | 80,760 |
Interest on lease liabilities |  |  | 50,062 |  |  |  | 7,002 |
Total net lease cost |  | $ | 374,790 |  |  | $ | 87,762 |
Schedule of Supplemental Information Related to Leases | Supplemental balance sheet information related to leases was as follows:
|  | December 31, 2020 |  |  | December 31, 2019 |
Operating leases: |  |  |  |  |  |  |  |
Operating lease ROU assets - net |  | $ | 368,638 |  |  | $ | 210,816 |
Current operating lease liabilities, included in current liabilities |  | $ | 210,556 |  |  | $ | 90,944 |
Noncurrent operating lease liabilities, included in long-term liabilities |  |  | 155,167 |  |  |  | 119,872 |
Total operating lease liabilities |  | $ | 365,723 |  |  | $ | 210,816 |
Supplemental cash flow and other information related to leases was as follows:
|  | For the Year Ended |  |  | For the Year Ended |
|  | December 31, 2020 |  |  | December 31, 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 200,296 |  |  | $ | 55,608 |
ROU assets obtained in exchange for lease liabilities: |  |  |  |  |  |  |  |
Operating leases |  | $ | 355,203 |  |  | $ | 266,424 |
Weighted average remaining lease term (in years): |  |  |  |  |  |  |  |
Operating leases |  |  | 1.80 |  |  |  | 2.12 |
Weighted average discount rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 11.4 | % |  |  | 5.5 | %
Schedule of Future Minimum Payments | Total future minimum payments required under the lease obligations as of December 31, 2020 are as follows:
Twelve Months Ending December 31, |  |  |
2020 (remainder of year) |  | $ | 240,160 |
2021 |  |  | 164,041 |
2022 |  |  | - |
Total lease payments |  | $ | 404,201 |
Less: amounts representing interest |  |  | (38,474 | )
Total lease obligations |  | $ | 365,723 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121549808&loc=d3e36991-112694 + Details
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