XML 30 R20.htm IDEA: XBRL DOCUMENT v3.22.2
Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

13. Subsequent Events

 

On July 29, 2022, Minerva Surgical, Inc. (the "Company") entered into a new operating lease arrangement for its current approximate 33,000 square foot facility in Santa Clara, California 95054 ("Mission Park Lease"). The Company’s existing sublease for this facility expires in May 2023. The new lease commences on June 1, 2023 and

will expire on May 31, 2028. The Mission Park Lease contains monthly base rent payments of approximately $88,341 that increase annually by 3% over the term of the lease. In addition to the base rent, the Company will reimburse the landlord for certain operating expenses under the terms of the Mission Park Lease.