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Operating Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Summary of Quantitative Information About Operating Leases and Components of Lease Cost
The following table summarizes quantitative information about the Company’s operating leases for the three months ended March 31, 2022 and 2021 (dollars in thousands):
Three Months Ended March 31, 2022Three Months Ended March 31, 2021
(unaudited)
Operating cash flows from operating leases$98 $261
Weighted average remaining lease term – operating leases (in years)3.41.4
Weighted average discount rate – operating leases7.0 %7.0 %
The following table provides the components of the Company’s lease cost (in thousands):
Three Months Ended March 31, 2022Three Months Ended March 31, 2021
(unaudited)
Operating leases
Operating lease cost$247 $216 
Variable lease cost77 83 
Total rent expense$324 $299 
Summary of Future Minimum Payments Under the Non-cancelable Operating Leases
As of March 31, 2022, future minimum payments under the non-cancelable operating leases under ASC 842 were as follows (in thousands):
Nine months ending December 31, 2022$806 
Year ending December 31, 20231,135 
Year ending December 31, 20241,167 
Year ending December 31, 20251,151 
Year ending December 31, 20261,185 
Thereafter1,221 
Total6,665 
Less: present value discount(1,693)
Operating lease liabilities$4,972