XML 26 R14.htm IDEA: XBRL DOCUMENT v3.22.2
Lease
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease

6. Lease

In August 2017, the Company entered into a lease agreement to lease 24,357 square feet of combination laboratory and office space in South San Francisco, California. This lease expires in February 2025.

Information related to the Company’s ROU asset and related lease liabilities were as follows (in thousands):

 

 

Three months ended
June 30, 2022

 

 

Six months ended
June 30, 2022

 

Cash paid for operating lease liabilities

 

$

298

 

 

$

580

 

Operating lease costs

 

 

275

 

 

 

550

 

Variable lease costs

 

 

190

 

 

 

301

 

 

 

 

 

 

 

 

Maturities of lease liabilities as of June 30, 2022 were as follows
   for the years ending December 31:

 

 

 

 

 

 

2022

 

 

 

 

$

799

 

2023

 

 

 

 

 

1,635

 

2024

 

 

 

 

 

1,684

 

2025

 

 

 

 

 

282

 

Total undiscounted lease payments

 

 

 

 

 

4,400

 

Less: imputed interest

 

 

 

 

 

(558

)

Total lease liabilities

 

 

 

 

$

3,842

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

 

 

 

$

1,285

 

Operating lease liabilities, noncurrent

 

 

 

 

 

2,557

 

Total operating lease liabilities

 

 

 

 

$

3,842