Post-effective amendment to a registration statement that is not immediately effective upon filing

Commitments and Contingencies

v3.22.0.1
Commitments and Contingencies
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
(13)
Commitments and Contingencies
From time to time the Company may be party to various claims in the normal course of business. Legal fees and other costs associated with such actions are expensed as incurred. The Company assesses the need to record a liability for litigation and loss contingencies. Reserve estimates are recorded when and if it is determined that a loss related to certain matters is both probable and reasonably estimable. No material losses were recorded for 2021 and 2020.
Future minimum payments for contractual commitments related to purchase obligations as of December 31, 2021 were as follows:
 
    
Purchase
obligation
 
Year ending December 31,
  
2022
   $ 52,599  
2023
     62,780  
2024
     62,430  
2025
     63,958  
2026
     27,083  
Thereafter
     —    
  
 
 
 
Total
   $ 268,850