Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments

Future minimum lease payments for all three leases, net of $10.8 million expected to be received and intended to be used related to the remaining tenant improvement allowance and rent credits associated with the 60 First Street Lease, as of December 31, 2023 were as follows (in thousands):

	As of December 31, 2023
2024		(7,227	)
2025		6,247
2026		7,341
2027		7,557
Thereafter		52,498
Total Future Minimum Leases Payments		66,416
Less: Interest		33,209
Present Value of Operating Lease Liabilities		33,207

Schedule of Lease Costs

The following table summarizes the effect of lease costs in the Company’s consolidated statement of operations and comprehensive loss of its operating leases (in thousands):

	Year Ended December 31,
	2023		2022
Operating lease costs	$	5,948	$	1,675
Variable Lease Costs		1,211		732
Short-term Lease Costs		921		626
Total Lease Costs	$	8,080	$	3,033