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Commitments and Contingencies
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

(11)

Commitments and Contingencies

Operating Lease

Rent expense for each of the three months ended March 31, 2020 and 2021 was $0.2 million.

In December 2017, the Company signed an operating lease for 7,531 rentable square feet of office space in Cambridge, Massachusetts to commence on February 1, 2018. The lease expires on June 30, 2024. Rent expense will be recorded ratably over the lease period. The lease includes escalating rental payments, which are also being charged to rent expense ratably over the lease period.

The following table summarizes future minimum payments due under the operating lease as of March 31, 2021:

 

 

 

(in thousands)

 

Remainder of 2021

 

$

451

 

2022

 

 

608

 

2023

 

 

618

 

2024

 

 

313

 

 

 

$

1,990