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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments And Contingencies Disclosure [Abstract]  
Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

Cash payments for operating leases

 

$

1,686

 

 

$

1,792

 

Right-of-use assets obtained in exchange for operating lease obligations

 

 

1,315

 

 

 

51

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

Weighted-average remaining lease term

 

6.9 years

 

 

8.1 years

 

Weighted-average discount rate

 

 

8.4

%

 

 

8.9

%

Future Minimum Non-Cancelable Lease Payments Under Operating Leases

Future minimum non-cancelable payments under operating leases as of June 30, 2022, were as follows (in thousands):

 

 

 

 

Operating Leases

 

2022 (remainder)

 

 

$

2,173

 

2023

 

 

 

3,452

 

2024

 

 

 

3,313

 

2025

 

 

 

2,975

 

2026

 

 

 

3,010

 

Thereafter

 

 

 

10,765

 

Total future lease payments

 

 

 

25,688

 

Less imputed interest

 

 

 

7,473

 

Present value of lease liabilities

 

 

$

18,215

 

 

Operating Lease Expense

The operating lease expense for the three and six months ended June 30, 2022 and 2021, were as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease expense

 

$

721

 

 

$

843

 

 

$

1,569

 

 

$

1,645