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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rent Payments

The future minimum rent payments relating to all four of the Company’s ongoing facility operating leases under the terms and conditions existing as of June 30, 2022, as well as amendments the Company has entered into between the date of these financial statements and the date they were available to be issued, are summarized as follows (in thousands):

 

Years Ending December 31,

 

 

 

2022

 

$

481

 

2023

 

 

1,064

 

2024

 

 

935

 

2025

 

 

756

 

2026 and beyond

 

 

437

 

Total lease payments

 

$

3,673

 

Less: imputed interest

 

 

(408

)

Present value of lease liabilities

 

$

3,265

 

Summary of Operating Lease Term and Discount Rate

The following table summarizes the operating lease term and discount rate as of June 30, 2022:

 

 

As of June 30, 2022

 

Weighted-average remaining lease term (years)

 

 

3.8

 

Weighted-average discount rate

 

 

6.5

%