Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of Components of Operating Lease Expense

For the years ended December 31, 2021 and 2020, the components of operating lease expense were as follows (in thousands):

Operating lease expense	Statement of Operations Location	December 31, 2021		December 31, 2020
Fixed operating lease expense	Research and development expense	$	869	$	808
	General and administrative expense		681		418
Variable operating lease expense	Research and development expense		76		89
	General and administrative expense		143		58
Total operating lease expense		$	1,769	$	1,373

Summary of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases for the years ended December 31, 2021 and 2020, was as follows (in thousands):

	December 31, 2021		December 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,525	$	1,171
Non-cash amounts resulting from the measurement of the lease liabilities:
Right-of-use asset and lease obligation recorded upon commencement or amendment of lease agreements		-		2,626

Summary of Lease Balances Related to Operating and Finance Leases Except Weighted Average Remaining Lease Term And Discount Rate

The following table presents the lease balances within the consolidated balance sheet, weighted average remaining lease term, and the weighted average discount rates related to the Company’s operating and finance leases as of December 31, 2021 and 2020 (in thousands, except for the weighted average remaining lease term and the weighted average discount rate):

Lease Assets and Liabilities	Classification	December 31, 2021			December 31, 2020
Assets
Operating	Operating lease right-of-use assets	$	6,530		$	7,114
Financing	Property and equipment, net		468			736
Total leased assets		$	6,998		$	7,850
Liabilities
Current
Operating	Operating lease liabilities	$	1,362		$	947
Non-Current
Operating	Non-current operating lease liabilities		5,973			6,891
Total lease liabilities		$	7,335		$	7,838
Weighted average remaining lease term (in years)			5.6			6.6
Weighted average discount rate			9.8	%		9.8	%

Summary of Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of December 31, 2021 (in thousands):

Years Ending December 31,
2022	$	1,362
2023		1,690
2024		1,718
2025		1,746
2026		1,956
Thereafter		1,155
Total future minimum lease payments		9,627
Less imputed interest		(2,292	)
Total operating lease liabilities	$	7,335