LICENSE AGREEMENT - Miami University (Details) - USD ($)
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12 Months Ended |
Dec. 14, 2020 |
Oct. 28, 2020 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Agreements |
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| Research and development |
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$ 62,570,000
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$ 61,788,000
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| Operating expenses |
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105,618,000
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94,466,000
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| General and administrative |
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43,048,000
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32,678,000
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| Accrued expenses and other current liabilities |
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16,559,000
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20,189,000
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| Accounts payable |
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9,461,000
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640,000
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| 2020 license agreement | University of Miami |
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| Agreements |
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| Amount of first payment to be made for license issue fee |
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$ 1,100,000
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| Amount of second payment to be made for license issue fee, due on first anniversary of the date of license |
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500,000
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| Payment to be made on achievement of specified patenting and development milestones |
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2,200,000
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| Payment to be made on achievement of late stage regulatory milestones |
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$ 4,100,000
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| Agreement term |
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10 years
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| Written notice period for termination of agreement |
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60 days
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| Written notice period of material breach leading to termination |
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60 days
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| Research and development |
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300,000
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2,000,000.0
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| General and administrative |
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0
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36,000
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| Accrued expenses and other current liabilities |
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300,000
|
1,600,000
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| 2020 license agreement | University of Miami | Minimum |
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| Agreements |
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| Royalties payment (as a percent) |
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0.88%
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| Non-royalty sublicensing revenue payment (as a percent) |
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15.00%
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| 2020 license agreement | University of Miami | Maximum |
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| Agreements |
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| Royalties payment (as a percent) |
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5.00%
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| Non-royalty sublicensing revenue payment (as a percent) |
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25.00%
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| 2020 research agreement and amendment | University of Miami |
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| Agreements |
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| Consideration |
$ 300,000
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| Research and development |
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200,000
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3,740
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| Accrued expenses and other current liabilities |
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$ 200,000
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$ 3,740
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