Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

Commitments And Contingencies Disclosure [Abstract]

Schedule of Reconciliation of Maturity Analysis of Annual Undiscounted Cash Flows

The following is a maturity analysis of the annual undiscounted cash flows reconciled to the carrying value of the operating and financing lease liabilities as of September 30, 2022 (in thousands):


	Operating			Financing
Three months ending December 31, 2022	$	998		$	78
Year ending December 31, 2023		4,049			66
Year ending December 31, 2024		4,166			—
Year ending December 31, 2025		4,287			—
Year ending December 31, 2026 and beyond		19,256			—
Total minimum lease payments		32,756			144
Less imputed interest		(9,439	)		(4	)
Total lease liability	$	23,317		$	140

Schedule of Total Lease Cost for Operating and Financing Leases as well as Weighted Average Information for Leases

The following table outlines the total lease cost for the Company’s operating and financing leases as well as weighted average information for these leases as of September 30, 2022 (in thousands):


	Three Months Ended September 30, 2022		Nine Months Ended September 30, 2022
Lease cost:
Operating lease cost	$	772	$	2,316
Financing lease cost:
Amortization of right-of-use asset	$	65	$	196
Interest on lease liabilities		4		18
Total financing lease cost	$	69	$	214
Cash paid for amounts included in the measurement of liabilities:
Operating cash flows from operating lease			$	2,937
Operating cash flows from financing lease			$	234

Other information:			Nine Months Ended September 30, 2022
Weighted-average remaining lease term (in years) - operating lease				7.42
Weighted-average discount rate - operating lease				9.30	%
Weighted-average remaining lease term (in years) - financing lease				0.89
Weighted-average discount rate - financing lease				9.47	%