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Commitments
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments Commitments
Our future material contractual obligations include the following:
ObligationTotal2022202320242025
Operating leases (1)$4,329 $1,423 $1,455 $1,038 $413 
Credit facility26,000 26,000 — — — 
Purchase obligations (2)69,549 69,549 — — — 
Total obligations $99,878 $96,972 $1,455 $1,038 $413 
(1) We lease our corporate office location. On August 8, 2019, we amended the lease for our corporate office location in order to rent additional office space and extend the term of our existing lease to June 30, 2025. The Company also leases its lab space under a lease agreement that expires on April 30, 2024. We also lease office space located in Palm Beach Gardens, FL. The new lease agreement commenced on November 1, 2021 and will expire 36 months from the lease commencement date, which is October 31, 2024. Rental expense was $1,407, $1,323, and $1,146, for the years ended December 31, 2021, 2020, and 2019, respectively. The remaining future lease payments under the operating leases, exclusive of any renewal option periods, are $4,329 as of December 31, 2021, payable monthly.
December 31, 2021
Total operating lease payments$4,329 
Less: imputed interest(116)
Total lease liabilities$4,213 
(2) As of December 31, 2021, the Company has purchase obligations in the amount of $69,549 which represents the contractual commitments under contract manufacturing and supply agreements with suppliers. The obligation under the supply agreement is primarily for finished product, inventory, and research and development.