COMMITMENTS AND CONTINGENCIES |
6 Months Ended | 12 Months Ended |
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Jun. 30, 2023 |
Dec. 31, 2022 |
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Commitments and Contingencies Disclosure [Abstract] | ||
COMMITMENTS AND CONTINGENCIES |
Note 9. COMMITMENTS AND CONTINGENCIES
Operating Leases
The Company leases its corporate offices under a month-to-month agreement and leases its laboratory and additional office space under an operating lease that is renewable annually by written notice by the Company and will require renewal in February 2024. Rent expense for office and lab space amounted to approximately $53,000 and $26,000 for the six months and $26,000 and $13,000 for the three months ended June 30, 2023 and 2022, respectively.
Legal Matters
From time to time, the Company is involved in various disputes and litigation matters that arise in the ordinary course of business. To date, the Company has no material pending legal proceedings.
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Note 9. COMMITMENTS AND CONTINGENCIES
Operating Leases
The Company leases its corporate offices under a month-to-month agreement and lab space under an operating lease that is renewable annually and expires in February 2024. Rent expense for office and lab space amounted to approximately $65,000 and $52,000 for the years ended December 31, 2022 and 2021, respectively.
Legal Matters
From time to time, the Company is involved in various disputes and litigation matters that arise in the ordinary course of business. To date, the Company had no material pending legal proceedings.
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