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Lease (Tables)
9 Months Ended
Sep. 30, 2022
Lease  
Summary of Weighted Average Remaining Lease Term And Discount Rate

The Company’s weighted average remaining lease term and weighted average discount rate as of September 30, 2022 is shown below:

 

Remaining lease term (in years)

 

 

3.00

 

Discount rate

 

 

6.0

%

Summary of Future Minimum Maturities of Lease Liabilities

Future minimum maturities of lease liabilities recognized on the condensed balance sheets as of September 30, 2022 are as follows (in thousands):

 

Fiscal Year

 

 

 

Remainder of 2022

 

$

34

 

2023

 

 

206

 

2024

 

 

210

 

2025

 

 

178

 

Total minimum lease payments

 

 

628

 

Less imputed interest

 

 

(55

)

Present value of lease payments

 

$

573