Quarterly report pursuant to Section 13 or 15(d)

Leases - (Tables)

Leases - (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Assets And Liabilities Lessee

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



		As of
		June 30, 2019				December 31, 2018
Property and equipment, net		$	728,138			$	—
Other long-term liabilities		$	1,212,268			$	—

The components of lease expense for the three and six months ended June 30, 2019 and 2018 were as follows:



		Three Months Ended June 30,								Six Months Ended June 30,
		2019				2018				2019				2018
Operating lease cost*		$	39,534			$	49,241			$	94,140			$	96,800

*Includes short-term leases, which are immaterial.

Lessee, Operating Lease, Liability, Maturity

The following table shows a maturity analysis of the operating lease liability as of June 30, 2019:




		Undiscounted Cash Flows
June 30, 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		$	(648,187	)
Total		$	1,212,268