Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Assets And Liabilities, Lessee

Supplemental balance sheet information related to the lease is as follows:



		Three Months Ended March 31,
		2019				2018

Property and equipment, net		$	737,658			$	—

Other long-term liabilities		$	1,189,277			$	—

The components of lease expense for the three months ended March 31, 2019 and 2018 were as follows:



		Three Months Ended March 31,
		2019				2018

Operating lease cost*		$	54,606			$	47,559

*Includes short-term leases, which are immaterial.

Lessee, Operating Lease, Liability, Maturity

he following table shows a maturity analysis of the operating lease liability as of March 31, 2019:




		Undiscounted Cash Flows
April 1, 2019 through December 31, 2019		$	—
2020		155,815
2021		169,510
2022		173,748
2023		178,092
Thereafter		1,183,290
Total lease payments		$	1,860,455
Less implied interest		$	(671,178	)
Total		$	1,189,277