Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Components of Lease Cost

The components of lease cost recorded in the Company’s consolidated financial statements were as follows (in thousands):

	Year Ended December 31,
	2022		2021
Lease Cost:
Operating lease cost	$	1,115	$	1,056
Variable lease cost		3,931		4,542
Total lease cost	$	5,046	$	5,598

Summary of Weighted-Average Remaining Lease Term and Discount Rate Related to Operating Leases

The weighted-average remaining lease term and discount rate related to the Company’s operating leases were as follows:

	As of December 31, 2022
Weighted-average remaining lease term (in years)		1.3
Weighted-average discount rate		8.2	%

Summary of Maturity of Operating Lease Liabilities

Maturity of the Company’s operating lease liabilities in accordance with ASC 842 as of December 31, 2022 were as follows (in thousands):

Year ending December 31,
2023		1,673
2024		694
Total maturities		2,367
Less: Effects of discounting		(151	)
Present value of operating lease liability		2,216
Less: Current portion of operating lease liability		(1,549	)
Total operating lease liability, net of current portion	$	667