Operating Lease Obligation (Narrative) (Details) |
Nov. 01, 2021
USD ($)
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Sep. 10, 2021
USD ($)
ft²
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Dec. 31, 2021
ft²
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Term of lease | 88 months | ||
Operating lease monthly rent payable | $ 51,223 | ||
Area of lab and office | ft² | 11,383 | 11,383 | |
Annual percentage increase in base rent | 3.00% | ||
Tenant improvement allowance | $ 81,860 | ||
Letter of Credit | |||
Irrevocable letter of credit | $ 188,844 | ||
Minimum [Member] | |||
Base rent abatement period in the first year | 2 years | ||
Maximum [Member] | |||
Base rent abatement period in the first year | 5 years | ||
College Station Investors LLC And Bryan Capital [Member] | |||
Fair market value of property | $ 151,450 | ||
Percentage of base rent | 6.50% |
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- Definition Base rent abatement period in the first year. No definition available.
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- Definition Amount of base rent payable on percentage of fair Market Value of the Property. No definition available.
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- Definition Fair market value of the property. No definition available.
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- Definition Lessee Operating Lease, Annual percentage increase in base rent No definition available.
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- Definition The amount of rent payable monthly by the lessee under the operating lease. No definition available.
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- Definition Area of a real estate property. No definition available.
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- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount as of the balance sheet date of improvements having a life longer than one year that were made for the benefit of one or more tenants. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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