Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

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

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

	Nine months ended September 30,
	2023			2022
	(in thousands)
Operating lease costs	$	3,263		$	2,826
Variable lease costs		1,551			1,698
Sublease income		(2,312	)		(1,210	)
Net lease cost	$	2,502		$	3,314

Schedule of Operating Lease Liabilities and Minimum Lease Payments

The maturities of the Company's operating lease liabilities and minimum lease payments as of September 30, 2023 were as follows:

For the Years Ending December 31,	Amount (in thousands)
2023		1,134
2024		4,578
2025		4,715
2026		4,857
Thereafter		26,265
Total undiscounted lease payments	$	41,549
Less: imputed interest		(13,211	)
Present value of operating lease liabilities	$	28,338

Schedule of Lease Term and Discount Rate

The following table summarizes the lease term and discount rate as of September 30, 2023:

	September 30, 2023
Weighted-average remaining lease term (years)
Operating leases		7.5
Weighted-average discount rate
Operating leases		10.6	%

Schedule of Operating Lease Liabilities

The following table summarizes the supplemental cash flow information related to the Company's operating lease:

	Nine months ended September 30,
	2023		2022
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	3,310	$	2,226
Increase in lease liabilities and right-of-use assets due to lease remeasurements	$	—	$	6,262