Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

v3.22.2
Commitments and Contingencies
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies (Note 4)  
Note 4. Commitments And Contingencies

Note 4. Commitments and Contingencies

 

Commitments

 

Operating Leases

 

The Company leased office space for a 12-month term from January 1, 2022 through December 31, 2022 with a monthly payment of approximately $8,000. The future minimum lease payments required under the non-cancellable operating leases for 2022 total approximately $47,000. Total rent expense for the three and six months ended June 30, 2022 was approximately $23,000 and $47,000, respectively. Total rent expense for the three and six months ended June 30, 2021 was approximately $31,000 and $62,000, respectively.