Commitments and Contingencies (Tables)

9 Months Ended

Sep. 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 September 30, 2022 (in thousands):

Remainder of 2022	$	1,101
2023		4,773
2024		4,900
2025		4,944
2026		5,013
Thereafter		18,093
Total undiscounted lease payments		38,824
Less: imputed interest		(7,343	)
Operating lease liabilities		31,481
Less: current portion of operating lease liabilities		(4,529	)
Operating lease liabilities, less current portion	$	26,952

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 September 30, 2022 and December 31, 2021 are as follows:

	September 30, 2022			December 31, 2021
Weighted-average remaining lease term (years)		7.8			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 September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Rent expense	$	1,210	$	1,156	$	3,457	$	3,358
Cash paid for amounts included in measurement of lease liabilities	$	1,032	$	393	$	3,183	$	1,268