Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of Lease Expense

The elements of lease expense were as follows:

	Year Ended December 31,
(in thousands)	2021		2020
Operating lease cost	$	3,017	$	1,780
Short-term lease cost		52		309
Variable lease cost		1,099		235
Total lease cost	$	4,168	$	2,324

Summary of Amounts Reported in Consolidated Balance Sheets and Weight-average Lease Term and Discount Rate Information

Amounts reported in the consolidated balance sheets and the weight-average lease term and discount rate information were as follows:

(in thousands except weighted-average amounts)	December 31, 2021			December 31, 2020
Assets
Operating right-of-use assets	$	15,670		$	17,117
Liabilities
Operating lease liabilities, current	$	1,839		$	863
Operating lease liabilities, non-current	$	16,174		$	17,430
Total lease liabilities	$	18,013		$	18,293
Weighted Average Lease Term and Discount Rate
Weighted-average remaining lease term (years)	8.64			9.55
Weighted-average discount rate		9.4	%		9.4	%

Summary of Other Lease Activity

The following table represents other lease activity:

	Year Ended December 31,
(in thousands)	2021		2020
Cash Flow Information
Cash paid for amounts included in the measurement of    lease liabilities
Operating cash flows for operating leases	$	2,559	$	703
Right-of-use assets obtained in exchange for lease obligations	$	35	$	17,899

Summary of Future Lease Payments for Noncancelable Leases

Future lease payments for noncancelable leases as of were as follows:

(in thousands)	December 31,  2021 (1)
2022	$	3,410
2023		2,718
2024		2,799
2025		2,883
2026		2,970
Thereafter		11,665
Total lease payments	$	26,445
Less: imputed interest		(8,432	)
Present value of lease liabilities	$	18,013

(1)Excluded from the table above are a portion of the Company's lease payments associated with the Lease Amendments, as the space leased has not commenced for accounting purposes as of December 31, 2021. The commencement date is the date on which the asset is made available to the Company by the lessor.