Leases

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Leases

7. Leases

Operating leases

Leases classified as operating leases are included in operating lease right-of use, or ROU, assets, operating lease liabilities and operating lease liabilities, non-current, in the Company’s consolidated balance sheets. Cash paid for operating lease liabilities was $332 and $52 during the three months ended March 31, 2022 and 2021, respectively, which is included in operating cash flows.

The components of lease expense were as follows:

	Three Months Ended March 31,
Lease cost	2022		2021
Operating lease cost	$	341	$	55
Short-term lease cost		3		61
Total	$	344	$	116

Variable lease expense for the three months ended March 31, 2022 and 2021, respectively, was not material.

The weighted-average remaining lease term and the weighted average discount rate for operating leases were:

	As of March 31, 2022
Weighted-average discount rate		7.0	%
Weighted-average remaining lease term – operating lease (in months)		76

As of March 31, 2022, the expected annual minimum lease payments of the Company’s operating lease liabilities were as follows:

For Years Ending December 31,	Operating Lease Payments
2022 (excluding the three months ended March 31, 2022)	$	995
2023		1,327
2024		1,327
2025		1,395
2026		1,429
Thereafter		2,234
Total operating lease payments		8,707
Less: imputed interest		1,677
Present value of future minimum lease payments	$	7,030