Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies.

Schedule of lease cost

Amounts reported in the consolidated balance sheets for leases where the Company is the lessee as of June 30, 2022 were as follows, in thousands:

	As of June 30,
	2022
Assets
Operating lease assets	$	539
Total operating lease assets	$	539
Liabilities
Current
Operating lease liabilities	$	161
Noncurrent
Operating lease liabilities, net of current		404
Total operating lease liabilities	$	565

The following table summarizes operating lease costs for the three and six months ended June 30, 2022:

	Three Months Ended		Six Months Ended
	June 30, 2022		June 30, 2022
Operating lease costs	$	49	$	99
Variable lease costs		—		—
Total lease costs	$	49	$	99

The following table summarizes the lease term and discount rate as of June 30, 2022:

		As of June 30,
		2022
Weighted-average remaining lease term (years)
	Operating leases	5.7
Weighted-average discount rate
	Operating leases	8.0%

The following table summarizes cash paid for amounts included in the measurement of the Company’s operating lease liabilities for the three and six months ended June 30, 2022:

	Amounts
Six Months Ended June 30, 2022	(in thousands)
Operating cash flows used for operating leases	$	73

Schedule of minimum lease commitments

For the Years Ended December 31,	Operating Leases
2022 (remaining)	$	99
2023		140
2024		82
2025		84
Thereafter		298
Total undiscounted lease payments	$	703
Less: Imputed interest		(138)
Present value of operating lease liabilities	$	565