Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of Future Minimum Lease Payments

As of September 30, 2021, the Company’s operating leases had a weighted-average remaining lease term of 12.4 years and a weighted-average discount rate of 6.6%. The Company’s discount rates are based on estimates of its incremental borrowing rate, as the discount rates implicit in the leases cannot be readily determined. Future lease payments under operating leases as of September 30, 2021 were as follows (in thousands):

	Amount
2021 (remaining three months)	$	927
2022		3,838
2023		6,155
2024		6,792
2025		7,001
2026 and thereafter		60,744
Total future minimum lease payments		85,457
Less: imputed interest		(29,039	)
Present value of future minimum lease payments		56,418
Less: current portion of operating lease liability		(3,552	)
Long-term operating lease liabilities	$	52,866