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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 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):

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Cash payments for operating leases

 

$

2,491

 

 

$

2,605

 

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

 

 

1,354

 

 

 

132

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Weighted-average remaining lease term

 

6.7 years

 

 

7.8 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 September 30, 2022, were as follows (in thousands):

 

 

 

 

Operating Leases

 

2022 (remainder)

 

 

$

834

 

2023

 

 

 

3,443

 

2024

 

 

 

3,304

 

2025

 

 

 

2,969

 

2026

 

 

 

3,002

 

Thereafter

 

 

 

10,750

 

Total future lease payments

 

 

 

24,302

 

Less imputed interest

 

 

 

6,588

 

Present value of lease liabilities

 

 

$

17,714

 

 

Operating Lease Expense

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease expense

 

$

837

 

 

$

780

 

 

$

2,406

 

 

$

2,425