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Subsequent Event
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Event

Note 11 – Subsequent Event

 

On October 1, 2022, our Lease with 76/80 BURLINGTON GROUP LLC (the “Landlord”) commenced related to the March 1, 2022 Lease Agreement (“Lease”) with the Landlord. Per the Lease, we will lease 20,730 rentable square feet at 76 Blanchard Road in Burlington, Massachusetts (the “Leased Space”) for a term of ten years and six months, which includes a one-time termination right after seven years and six months. We intend to use the Leased Space as our principal executive offices. The term of the Lease commenced on October 1, 2022, the date that the landlord notified us that the planned construction on the Leased Space is substantially complete. The Lease provides for an aggregate of $8.2 million of rent due over the Lease term and also provides a renewal option for up to two additional terms of five years each.