Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Summary of Lease Costs

The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Company’s operating leases for the three month period ended March 31, 2022:

		For Three Months Ended March 31, 2022
Lease Cost		(in thousands)
Operating lease cost	$	163
Short-term lease cost		—
Variable lease cost		83
Total lease cost	$	246
Other Information
Operating cash flows used for lease liabilities	$	208
Right of use asset acquired under operating lease on the adoption of ASC 842	$	741
Weighted average remaining lease term (in years)		1.2
Weighted average incremental borrowing rate		4.0%

Schedule of Maturities of Operating Lease Liabilities

The maturities of the operating lease liabilities as of March 31, 2022 were as follows (in thousands):

2022 (remaining nine months)	$	637
2023		358
Total undiscounted lease payments		995
Less: imputed interest		21
Total operating lease liability		974
Less: current portion		831
Operating lease liability, net of current maturities	$	143

Schedule of Future Minimum Rental Payments for Operating Leases

The future minimum lease payments under all non-cancelable operating lease obligations as of December 31, 2021 under ASC 840 were as follows (in thousands):

2022		846
2023		358
Total minimum lease payments	$	1,204