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Leases

9 Months Ended

Sep. 30, 2024

Leases

Leases

(8) Leases

The Company has a non-cancelable operating lease for office space and laboratory facilities in Salt Lake City, Utah. The term of the lease has been extended through February 28, 2025.

Future minimum lease payments under the non-cancelable operating lease as of September 30, 2024 are:

 Schedule of Future Minimum Rental Payments for Operating Leases

		Operating
		leases
Year ending December 31:
2024		$	92,019
2025			61,346
Total minimum lease payments		$	153,365

The Company’s rent expense was $92,000 and $89,000 for the three months ended September 30, 2024 and 2023, respectively. The Company’s rent expense was $274,000 and $266,000, for the nine months ended September 30, 2024, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

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