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Commitments and Contingencies
12 Months Ended
Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

11.   Commitments and Contingencies

 

Operating Leases

The Company leases laboratory, office and vivarium space in Cambridge, MA which expires January 31, 2021. The Company executed a sublease for laboratory and office space in Boston, MA effective in December 2020 with rent beginning in January 2021. The lease expires May 19, 2025. Rental expense was $2.0 million and $1.8 million for the year ended December 31, 2020 and 2019, respectively.

The future minimum rental payments under the leases as of December 31, 2020 are as follows:

 

 

 

Amount

 

Year Ending December 31,

 

(000's)

 

2021

 

$

1,440

 

2022

 

 

1,312

 

2023

 

 

1,345

 

2024

 

 

1,379

 

2025

 

 

589

 

 

 

$

6,065

 

 

Additional commitments include a 2018 Credit Facility (Note 7) and collaboration agreements (Note 10).