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Commitments
 3 Months Ended
Mar. 31, 2022
Commitments  
Commitments

7.     Commitments

Future minimum payments required under the Company’s non-cancelable operating lease as of March 31, 2022 are summarized as follows (in thousands):

​

​

​

​

Period Ending December 31,

    

Amount

2022

​

$

188

Total lease payments

​

$

188

Less: imputed interest

​

 

(4)

Total operating lease liabilities

​

$

184

​

Rent expense was $0.2 million for each of the three months ended March 31, 2022 and 2021. Lease payments were $0.2 million for each of the three months ended March 31, 2022 and 2021, respectively.

On January 28, 2022, the Company entered into a sublease agreement (the “Sublease”) with Grant Thornton LLP (the “Sublandlord”), for new office space to replace its existing office space. The Sublease commenced on May 1, 2022 and will end on July 31, 2024 (or on such earlier date as the term may cease or expire as set forth in the Sublease ). The Sublease will increase the future minimum payments in the table above from approximately $0.2 million to approximately $1.6 million.