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Commitments and Contingencies
 9 Months Ended
Sep. 30, 2021
Commitments and Contingencies.  
Commitments and Contingencies

5. Commitments and Contingencies

The Company has operating leases for its office and laboratory facilities under agreements that run through February 28, 2029.

Minimum lease commitments consisted of the following as of September 30, 2021:

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For the Years Ended December 31,

    

Operating Leases

2021

​

$

49

2022

​

 

197

2023

​

 

140

2024

​

​

82

Thereafter

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​

357

Total lease commitments

​

$

825

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Rent expense was $34 and $116 for the three and nine months ended September 30, 2021, respectively, and $40 and $145 for the three and nine months ended September 30, 2020, respectively.

From time to time, the Company may be involved in disputes or regulatory inquiries that arise in the ordinary course of business. When the Company determines that a loss is both probable and reasonably estimable, a liability is recorded and disclosed if the amount is material to the financial statements taken as a whole. When a material loss contingency is only reasonably possible, the Company does not record a liability, but instead discloses the nature and the amount of the claim, and an estimate of the loss or range of loss, if such an estimate can reasonably be made.

As of September 30, 2021 and December 31, 2020, there was no litigation or contingency with at least a reasonable possibility of a material loss.