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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Components of Lease Expense

The following table summarizes the components of lease expense for the three and six months ended June 30, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease cost

 

$

697

 

 

$

697

 

 

$

1,393

 

 

$

1,237

 

Variable lease cost

 

 

246

 

 

 

241

 

 

 

557

 

 

 

476

 

Total

 

$

943

 

 

$

938

 

 

$

1,950

 

 

$

1,713

 

Summary of Supplemental Information Related to Leases

The following table summarizes supplemental information related to operating leases:

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Weighted-average remaining lease term (in years):

 

 

7.1

 

 

 

7.6

 

Weighted-average discount rate:

 

 

7.8

%

 

 

7.8

%

Summary of Future Minimum Commitments Under Lease Contracts

The following table summarizes the maturities of lease liabilities as of June 30, 2022 (in thousands):

 

2022 (remaining six months)

 

$

1,119

 

2023

 

 

3,058

 

2024

 

 

3,149

 

2025

 

 

3,244

 

2026

 

 

3,135

 

Thereafter

 

 

8,688

 

Total future minimum lease payments

 

 

22,393

 

Less: Amount representing interest

 

 

(5,395

)

Present value of future minimum lease payments

 

 

16,998

 

Less: Current portion of operating lease liabilities

 

 

2,596

 

Long-term portion of operating lease liabilities

 

$

14,402