Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Summary of Operating Leases in Condensed Balance Sheets

The following table summarizes the presentation in the Company’s condensed balance sheets of its operating lease (in thousands):

	As of June 30, 2022
Assets:
Operating lease right-of-use assets	$	5,798
Liabilities
Operating lease liabilities	$	1,767
Operating lease liabilities, net of current portion		9,632
Total operating lease liabilities	$	11,399

Schedule of Future Minimum Lease Payments Under Tizona Lease and Cove Lease

Future minimum lease payments under the Cove Lease as of June 30, 2022 are as follows (in thousands):

	Operating Lease Commitments
Remainder of 2022		1,344
2023		2,738
2024		2,825
2025		2,916
2026		3,009
Thereafter		1,270
Total future minimum lease payments		14,102
Less imputed interest		(2,703	)
Total	$	11,399