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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Additional Information Related to Operating Leases The following table contains additional information related to the Company’s operating leases:

 

Location

 

Approximate

Square Footage

 

Commencement Dates

 

Expiration Dates

Seattle, WA

 

48,086

 

March 2019 to September 2020

 

December 2026 to April 2028

Cambridge, MA

 

59,639

 

March 2019 to May 2020

 

November 2025 to February 2028

South San Francisco, CA

 

66,075

 

December 2019 to November 2021

 

April 2024 to April 2030

Fremont, CA

 

163,193

 

July 2021

 

November 2031

 

Summary of Lease Costs

The following table summarizes the Company’s lease costs:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Operating lease cost

 

$

16,425

 

 

$

10,757

 

 

$

4,898

 

Short-term lease cost

 

 

512

 

 

 

1,886

 

 

 

3,710

 

Variable lease cost

 

 

5,230

 

 

 

3,081

 

 

 

1,494

 

Total lease cost

 

$

22,167

 

 

$

15,724

 

 

$

10,102

 

Reconciliation of Undiscounted Operating Lease Cash Flows by Fiscal Year to Present Value of Operating Lease Liabilities

The following table reconciles the Company’s undiscounted operating lease cash flows by fiscal year to the present value of the operating lease liabilities as of December 31, 2021 (in thousands):

 

2022

 

 

19,954

 

2023

 

 

21,511

 

2024

 

 

20,601

 

2025

 

 

20,449

 

2026

 

 

17,701

 

2026 and thereafter

 

 

80,913

 

Total undiscounted lease payments

 

 

181,129

 

Less: imputed interest

 

 

(66,291

)

Less: tenant improvement allowances

 

 

(3,895

)

Present value of operating lease liabilities

 

$

110,943