XML 25 R15.htm IDEA: XBRL DOCUMENT v3.23.2
Operating Lease
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Operating Lease Operating Lease
The Company currently leases office space of approximately 37,829 square feet at a single location.
As of June 30, 2023, the carrying value of this right-of-use asset, which is included in property and equipment, was approximately $0.9 million net of deferred rent on the consolidated balance sheets. As of June 30, 2023, the carrying value of the lease liability was approximately $1.1 million, which is included in accounts payable and accrued expenses on the consolidated balance sheets.
The following table summarizes the total lease and operating expenses for the three- and six-month periods ended June 30, 2023 and 2022:
June 30,
2023
June 30,
2022
Three Months Ended$234,336 $238,601 
Six Months Ended$440,413 $443,554 
The approximate future minimum lease payments under the operating lease are as follows:
Future Minimum Lease Payments
Six Months 
 Remaining In
   
20232024202520262027Total
$312,089 $624,179 $156,045 — — $1,092,313