Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Lease Costs, Variable Lease Costs and Sub Lease Income

The following table summarizes operating lease costs, variable lease costs and sublease income:

	Nine months ended September 30,
	2021			2020
	(in thousands)
Operating lease costs	$	1,869		$	1,869
Variable lease costs		1,636			1,689
Sublease income		(705	)		(685	)
Net lease cost	$	2,800		$	2,873

Schedule of Operating Lease Liabilities and Minimum Lease Payments

The maturities of our operating lease liabilities and minimum lease payments as of September 30, 2021 were as follows:

For the Years Ending December 31,	Amount (in thousands)
2021		914
2022		2,987
2023		3,077
2024		3,169
Thereafter		7,197
Total undiscounted lease payments	$	17,344
Less: imputed interest		(3,803	)
Present value of operating lease liabilities	$	13,541

Schedule of Lease Term and Discount Rate

The following table summarizes the lease term and discount rate as of September 30, 2021:

	As of September 30, 2021
Weighted-average remaining lease term (years)
Operating leases		5.3
Weighted-average discount rate
Operating leases		10.0	%

Schedule of Operating Lease Liabilities

The following table summarizes cash paid for amounts included in the measurement of the Company’s operating lease liabilities.

	Nine months ended September 30,
	2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	2,901	$	2,838