Annual report pursuant to Section 13 and 15(d)

Commitment and Contingencies

v3.22.2
Commitment and Contingencies
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies 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 the years ended December 31, 2021, 2020 and 2019.
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