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

The components of lease cost for the three and six months ended June 30, 2022, and 2021, are as follows, in thousands:

 

 

 

Three Months Ended June 30,

Six Months Ended June 30,

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Operating lease cost

 

$

530

 

 

$

511

 

 

$

1,042

 

 

$

668

 

 

Variable lease cost

 

 

198

 

 

 

192

 

 

 

395

 

 

 

311

 

 

Total lease cost

 

$

728

 

 

$

703

 

 

$

1,437

 

 

$

979

 

 

Schedule of Amounts Reported in Consolidated Balance Sheets for Leases

Amounts reported in the balance sheet for leases where the Company is the lessee as of June 30, 2022, and December 31, 2021, are as follows, in thousands:

 

Operating Leases:

 

June 30,
2022

 

 

December 31,
2021

 

 

Right-of-use assets, operating leases

 

$

9,670

 

 

$

10,060

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

$

383

 

 

$

403

 

 

Operating lease liabilities, non-current

 

 

12,211

 

 

 

10,790

 

 

Total operating lease liabilities

 

$

12,594

 

 

$

11,193

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (years)

 

 

9.61

 

 

 

10.02

 

 

Weighted-average discount rate

 

 

5.75

%

 

 

5.75

%

 

Summary of Other Information Related to Leases

Other information related to leases for the six months ended June 30, 2022 and 2021, respectively, as follows, in thousands:

 

 

 

Six Months Ended June 30,

 

 

 

 

2022

 

 

2021

 

 

Net cash paid (received) for amounts included in the measurement of lease liabilities

 

$

(750

)

 

$

354

 

 

Leased assets obtained in exchange for new or modified operating lease liabilities

 

 

 

 

 

10,314

 

 

Schedule of Minimum Lease Payments, Net of Reimbursements, under Operating Leases

Future minimum lease payments, net of reimbursements, remaining as of June 30, 2022, under operating leases by fiscal year were as follows, in thousands:

 

Fiscal year

 

 

 

2022

 

$

(1,584

)

2023

 

 

1,833

 

2024

 

 

1,814

 

2025

 

 

1,869

 

2026

 

 

1,925

 

Thereafter

 

 

11,477

 

Total minimum lease payments

 

$

17,334

 

Less: Amounts representing imputed interest

 

 

(4,740

)

Present value of lease liabilities

 

$

12,594