XML 26 R17.htm IDEA: XBRL DOCUMENT v3.23.3
Commitments, Contingencies and Collaboration and License Agreements (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Summary of Operating Leases
Information related to the Company’s operating leases is as follows (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
Operating lease expense$494 $495 $1,482 $1,443 
Variable lease expenses$305 $173 $845 $502 
Cash paid for amounts included in the measurement of lease liabilities$501 $487 $1,503 $1,322 
Schedule of Future Minimum Noncancelable Operating Lease Payments
The following table presents non-cancelable future minimum lease payments under operating leases (in thousands, except discount rate and remaining term):
September 30,
2023
Periods ending December 31:
2023 (remaining 3 months)
$506
20242,070
20252,132
20262,196
20272,261
Thereafter3,414
Total minimum lease payments12,579
Less: amount representing interest(2,855)
Total operating lease liabilities9,724
Less: current portion of lease liabilities(1,266)
Operating lease liabilities, net of current portion$8,458
Weighted-average discount rate8.6 %
Weighted-average remaining term6.0 years