Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2021

Commitments And Contingencies Disclosure [Abstract]

Future minimum annual lease payments

Future minimum annual lease payments under such leases are as follows as of June 30, 2021 (in thousands):

Remainder of 2021	$	857
2022		4,340
2023		4,546
2024		4,583
2025		4,617
Thereafter		22,614
Total undiscounted lease payments		41,557
Less: imputed interest		(13,367	)
Operating lease liability		28,190
Less: current portion of operating lease liability		(2,777	)
Operating lease liability, less current portion	$	25,413

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, 2021 and December 31, 2020 are as follows:

	June 30, 2021			December 31, 2020
Weighted-average remaining lease term (years)		9.04			0.7
Weighted-average discount rate		8.5	%		10.5	%

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,
	2021		2020		2021		2020
Rent expense	$	1,119	$	331	$	2,202	$	658
Cash paid for amounts included in measurement of lease liabilities	$	495	$	372	$	875	$	741