Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Assets and Liabilities, Operating Leases, Lessee

The following table summarizes the presentation of the Company’s operating leases in its balance sheets as of December 31, 2023 and December 31, 2022 (in thousands):

Balance Sheet Caption	December 31,
	2023		2022
Assets:
Operating lease assets	$	19,657	$	24,707
Liabilities:
Current portion of operating lease liabilities	$	2,893	$	2,347
Noncurrent operating lease liabilities	25,379		28,744
Total operating lease liabilities	$	28,272	$	31,091

Schedule of Lease Costs

The following table summarizes the effect of operating lease costs in the Company’s statements of operations and comprehensive loss for the years ended December 31, 2023 and December 31, 2022 (in thousands):

Statement of Operations and Comprehensive Loss Caption	Year Ended December 31,
	2023		2022
Research and development	$	3,319	$	3,068
General and administrative	2,133		2,043
Total operating lease cost	$	5,452	$	5,111

Schedule of Maturities on Lease Liabilities

The undiscounted future non-cancellable lease payments under the Company's operating leases as of December 31, 2023 for the next five years and thereafter is expected to be as follows (in thousands):

Period Ending December 31,	Amount
2024	$	5,274
2025	5,921
2026	5,405
2027	4,874
2028	5,020
Thereafter	11,404
Total undiscounted lease payments	37,898
Less: Present value adjustment	(9,626)
Present value of operating lease liabilities	$	28,272