XML 23 R13.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies
 6 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and contingencies
Operating leases
The Company is obligated under certain non-cancellable operating leases of its facilities, which expire on various dates through 2027. Certain facility leases contain predetermined fixed escalation of minimum rents.
The Company recognizes rent expense on a straight-line basis for these leases and records the difference between recognized rental expense and the amounts payable under the lease agreement as deferred rent. The deferred rent liability was $0.4 million as of June 30, 2021 and December 31, 2020. Total rental expense amounted to $0.2 million for the three months ended June 30, 2021 and 2020, and $0.4 million and $0.3 million for the six months ended June 30, 2021 and 2020, respectively and is recorded in operating expenses in the consolidated statements of operations.
Future minimum lease payments under the non-cancellable leases as of June 30, 2021 were as follows:
(in thousands)Rent payments
2021–Remaining Period$401 
2022936 
2023904 
2024908 
2025936 
Thereafter874 
Total$4,959 
Litigation
The Company is subject to certain legal proceedings and claims that arise in the normal course of business. In the opinion of management, the Company does not believe that the amount of liability, if any, as a result of these proceedings and claims will have a materially adverse effect on the Company’s consolidated financial position, results of operations, and cash flows. As of June 30, 2021 and December 31, 2020, the Company did not have any contingency reserves established for any litigation liabilities.