Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

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 (in thousands):

2022	$	4,405
2023		4,609
2024		4,620
2025		4,590
2026		4,694
Thereafter		17,846
Total undiscounted lease payments		40,764
Less: imputed interest		(12,169	)
Operating lease liability		28,595
Less: current portion of operating lease liability		(4,212	)
Operating lease liability, less current portion	$	24,383

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 December 31, 2021 and December 31, 2020 are as follows:

	December 31, 2021			December 31, 2020
Weighted average remaining lease term (years)		8.6			0.7
Weighted average discount rate		8.5	%		10.5	%

Summary of Operating Leases

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

	December 31,
	2021		2020
Rent expense	$	4,482	$	1,300
Cash paid for amounts included in measurement of lease liabilities	$	1,795	$	1,400