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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Components of Lease Expense

The following table summarizes the components of lease expense for the three months ended March 31, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Operating lease cost

 

$

697

 

 

$

541

 

Variable lease cost

 

 

267

 

 

 

219

 

Total

 

$

964

 

 

$

760

 

Summary of Supplemental Information Related to Leases

The following table summarizes supplemental information related to operating leases:

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Weighted-average remaining lease term (in years):

 

 

7.3

 

 

 

7.6

 

Weighted-average discount rate:

 

 

7.7

%

 

 

7.8

%

Summary of Future Minimum Commitments Under Lease Contracts

The following table summarizes the maturities of lease liabilities as of March 31, 2022 (in thousands):

 

2022 (remaining nine months)

 

$

1,281

 

2023

 

 

3,058

 

2024

 

 

3,149

 

2025

 

 

3,244

 

2026

 

 

3,135

 

Thereafter

 

 

8,691

 

Total future minimum lease payments

 

 

22,558

 

Less: Amount representing interest

 

 

(5,739

)

Present value of future minimum lease payments

 

 

16,819

 

Less: Current portion of operating lease liabilities

 

 

2,037

 

Long-term portion of operating lease liabilities

 

$

14,782