Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Classified of ROU assets and lease liabilities and weighted average remaining lease term

Classification of ROU assets and lease liabilities and the weighted-average remaining lease term and discount rate associated with operating leases are as follows ($ in thousands):

	As of March 31, 2022			As of December 31, 2021
ROU assets:
ROU assets - operating leases	$	3,309		$	—
Lease liabilities:
Current portion of operating lease liabilities		530			—
Noncurrent portion of operating lease liabilities		2,964			—
Total lease liabilities	$	3,494		$	—
Weighted-average remaining lease term (in years):
Operating leases		5.8			—
Weighted-average discount rate:
Operating leases		8.0	%		—

Schedule of Component of Lease Cost

The components of lease costs are as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Operating lease costs	$	185	$	—
Short-term lease costs		141		14
Total lease costs	$	326	$	14

Schedule of Maturities of Lease Liabilities

The maturities of lease liabilities and reconciliation to the present value of lease liabilities are as follows (in thousands):

	As of March 31, 2022
2022	$	—
2023		2,137
2024		2,201
2025		2,267
2026		2,335
Thereafter		2,405
Total undiscounted lease payments		11,345
Less: lease incentives		(5,301	)
Less: imputed interest		(2,550	)
Total lease liabilities		3,494
Less: current lease liabilities		(530	)
Lease liabilities, net of current portion	$	2,964