Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.22.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lease Costs
Total operating lease costs, excluding short-term lease costs, variable lease costs, and sublease income, each of which were immaterial for the periods presented, were as follows (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Operating lease costs $ 1,500  $ 1,410  $ 3,003  $ 2,960 
Supplemental cash flow information related to leases were as follows (in thousands):
Six Months Ended June 30,
2022 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 3,068  $ 2,556 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases —  292 
The weighted-average remaining lease term and discount rate for the Company’s operating leases were as follows:
June 30,
2022
December 31,
2021
Weighted-average remaining lease term 2.9 years 3.3 years
Weighted-average discount rate 5.8% 5.8%
Schedule of Operating Lease Maturity
The total remaining lease payments under non-cancelable operating leases as of June 30, 2022 were as follows (in thousands):
Remainder of 2022 $ 3,035 
2023 5,594 
2024 5,014 
2025 3,302 
Total undiscounted lease payments 16,945 
Less imputed interest (1,356)
Present value of operating lease liabilities $ 15,589