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Leases
6 Months Ended
Jun. 30, 2021
Lessee Disclosure [Abstract]  
Leases

(8) Leases

 

On August 6, 2004, the Company assumed a non-cancelable operating lease for office space and laboratory facilities in Salt Lake City, Utah. On May 6, 2014, the Company modified and extended the lease through February 28, 2018. On February 8, 2018, the Company extended the lease through February 28, 2019, on January 2, 2019, the Company extended the lease through February 29, 2020, on February 24, 2020, the Company extended the lease through February 28, 2021 and on March 3, 2021, the Company extended the lease through February 28, 2022.

 

Future minimum lease payments under non-cancelable operating leases as of June 30, 2021 are:

 

     
   Operating 
   leases 
Year ending December 31:    
2021   165,191 
2022   55,064 
      
Total minimum lease payments  $220,255 

 

The Company’s rent expense was $83,000 for each of the three months ended June 30, 2021 and 2020 and was $165,000 for each of the six months ended June 30, 2021 and 2020.