Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Summary of Operating Lease Assets and Liabilities

The following table summarizes the presentation in the Company’s consolidated balance sheets of its operating leases (in thousands):

	June 30, 2022		December 31, 2021
Assets:
Operating lease assets	$	25,001	$	18,208
Liabilities:
Operating lease liabilities	$	7,058	$	6,610
Operating lease liabilities, net of current portion		19,516		17,958
Total operating lease liabilities	$	26,574	$	24,568

Summary of Lease Costs

The following table summarizes the effect of lease costs in the Company’s consolidated statement of operations and comprehensive (loss) income (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease costs	$	1,948	$	1,277	$	3,620	$	2,317
Short-term lease costs		354		363		709		729
Variable lease costs		1,271		721		2,302		1,424
Sublease income		-		464		-		925
Total lease costs	$	3,573	$	2,825	$	6,631	$	5,395

Schedule of Future Payments of Operating Lease Liabilities

As of June 30, 2022, future payments of operating lease liabilities are as follows (in thousands):

	As of  June 30, 2022
2022 (remaining 6 months)	$	4,392
2023		8,446
2024		3,387
2025		3,277
2026 and thereafter		16,199
Total future minimum lease payments	$	35,701
Less: interest		(9,127	)
Present value of operating lease liabilities	$	26,574