Subsequent Events |
12 Months Ended |
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Dec. 31, 2021 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent EventsIn the first quarter of 2022, the Company separated from certain section 16 officers. Each of the former officers are entitled to the benefits provided in their respective separation agreements. The severance related to their terminations, which includes base salary and bonuses earned in 2022 prior to their separations, is approximately $1.6 million and will be recognized as a liability in the first quarter of 2022. Additionally, the separated executive’s stock options were modified to accelerate the vesting of certain awards and extend the exercisability periods. The Company will evaluate the financial statement impact of the stock compensation modifications in the first quarter of 2022. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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