Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Cost Components of Operating Lease

The cost components of the operating lease were as follows for the three and nine months ended September 30, 2022 and 2021:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Lease Cost
Operating lease expense	$	238		$	140		$	714		$	419
Variable lease expense(1)		195			185			578			559
Lease Term and Discount Rate
Remaining lease term (years)		9.75			5.75			9.75			5.75
Discount rate		3.42	%		2.45	%		3.42	%		2.45	%

(1)Variable lease costs are payments that vary because of changes in facts or circumstances and include common area maintenance and property taxes related to the premises. Variable lease costs are excluded from the calculation of minimum lease payments.

Future Minimum Lease Payments

Future minimum lease payments as of September 30, 2022 were as follows:

Year ending December 31:
2022	$	213
2023		852
2024		890
2025		940
2026		990
2027 and thereafter		6,210
Total future minimum lease payments	$	10,095
Less: imputed interest		(1,596	)
Less: future lease incentives reasonably certain of use(1)		(1,342	)
Present value of lease liabilities	$	7,157

(1)The future lease incentives are expected to be utilized within the next twelve months.