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Subsequent Event | 3 Months Ended
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Mar. 31, 2021
Subsequent Events [Abstract] |
Subsequent Event |
13. | Subsequent Event
In April 2021, the Company entered into a lease arrangement to lease laboratory and office space located in South San Francisco, California. The Company paid approximately $0.3 million upon execution of the lease, which will be included in total lease costs. The monthly lease payment is approximately $0.1 million and will increase approximately 3.5% upon each anniversary of the lease commencement. The initial lease term is one year, which will commence on May 1, 2021, and expire at the end of April 2022. The lease arrangement provides an option to extend for an additional six months beyond the initial lease term.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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