Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Future minimum annual lease payments

Future minimum annual lease payments for all operating leases of the Company are as follows as of June 30, 2022 (in thousands):

Remainder of 2022	$	2,193
2023		4,667
2024		4,782
2025		4,752
2026		4,857
Thereafter		18,014
Total undiscounted lease payments		39,265
Less: imputed interest		(7,766	)
Operating lease liabilities		31,499
Less: current portion of operating lease liabilities		(4,164	)
Operating lease liabilities, less current portion	$	27,335

Summary of Weighted-Average Remaining Lease Term and Discount Rate

The Company’s weighted average remaining lease term and weighted average discount rate as of June 30, 2022 and December 31, 2021 are as follows:

	June 30, 2022			December 31, 2021
Weighted-average remaining lease term (years)		8.2			8.6
Weighted-average discount rate		5.5	%		8.5	%

Summary of Operating Leases

Information related to the Company’s operating leases is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Rent expense	$	1,091	$	1,119	$	2,247	$	2,202
Cash paid for amounts included in measurement of lease liabilities	$	1,129	$	495	$	2,151	$	875