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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Supplemental Disclosure of Cash Flow Information Related to Leases

Supplemental disclosure of cash flow information related to leases was as follows (in thousands):

 

 

Year ended

 

 

 

December 31,

 

 

 

2021

 

 

 

2020

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows for operating leases

 

$

 

1,948

 

 

 

$

 

1,478

 

Summary of Weighted-Average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate were as follows:

 

 

Year ended

 

 

 

December 31,

 

 

 

2021

 

 

 

2020

 

Weighted-average remaining lease term (in years)

 

 

 

3.4

 

 

 

 

 

4.4

 

Weighted-average discount rate

 

 

 

8

%

 

 

 

 

8

%

Maturity of Operating Lease Liabilities

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

Year Ending December 31,

 

Operating

 

2022

 

$

 

2,075

 

2023

 

 

 

2,131

 

2024

 

 

 

1,812

 

2025

 

 

 

730

 

2026

 

 

 

184

 

Thereafter

 

 

 

-

 

Total future minimum lease payments (1)

 

 

 

6,932

 

Less: imputed interest

 

 

 

889

 

Present value of operating lease liability

 

$

 

6,043

 

 

(1) As of December 31, 2021, the Company entered into an additional operating lease which had not yet commenced and is therefore not part of the table above nor included in the lease right-of-use asset and liability. This lease will commence when the Company obtains possession of the underlying asset, which is expected to be November 1, 2022.