Restricted Cash	12 Months Ended
Dec. 31, 2019
Restricted Cash
Restricted Cash	18. Restricted cash The Company’s restricted cash consists of cash that the Company is contractually obligated to maintain in accordance the terms of the Letter of Credit in the lease agreement. The $1.0 million Letter of Credit drawable by the lessor under specifically outlined conditions within the lease, which are primarily related to rent payments. The amount of the Letter of Credit will be reduced at 41 and 65 months after the commencement date of the lease to $750,000 and then $250,000, respectively. The Company had $1.0 million of restricted cash as of December 31, 2019 and 2018, respectively.

Restricted Cash

12 Months Ended

Dec. 31, 2019

18. Restricted cash

The Company’s restricted cash consists of cash that the Company is contractually obligated to maintain in accordance the terms of the Letter of Credit in the lease agreement. The $1.0 million Letter of Credit drawable by the lessor under specifically outlined conditions within the lease, which are primarily related to rent payments. The amount of the Letter of Credit will be reduced at 41 and 65 months after the commencement date of the lease to $750,000 and then $250,000, respectively.

The Company had $1.0 million of restricted cash as of December 31, 2019 and 2018, respectively.