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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Summary of Classification of Company's Operating Lease Liabilities

Classification of the Company’s operating lease liabilities included on the Company’s balance sheets at September 30, 2024 and December 31, 2023 was as follows (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Operating lease liabilities

 

 

 

 

 

 

Current portion included in accrued expenses and
   other current liabilities

 

$

3,292

 

 

$

3,250

 

Operating lease liabilities, net of current portion

 

 

35,710

 

 

 

38,215

 

Total operating lease liabilities

 

$

39,002

 

 

$

41,465

 

 

Summary of Components of Lease Costs

The components of lease costs included in operating expenses in the Company’s statements of operations and comprehensive loss were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Operating lease costs

 

$

1,385

 

 

$

1,407

 

 

$

4,257

 

 

$

4,283

 

Variable costs

 

 

926

 

 

 

894

 

 

 

2,716

 

 

 

2,733

 

Total lease costs

 

$

2,311

 

 

$

2,301

 

 

$

6,973

 

 

$

7,016

 

Summary of Future Lease Payments Required Under Operating Leases

Future lease payments required under operating leases included on the Company’s balance sheet at September 30, 2024 are as follows (in thousands):

 

Fiscal Year Ending December 31,

 

 

 

2024 (remaining 3 months)

 

$

1,804

 

2025

 

 

7,287

 

2026

 

 

7,506

 

2027

 

 

7,731

 

2028

 

 

7,963

 

Thereafter

 

 

23,871

 

Total future lease payments

 

 

56,162

 

Less:

 

 

 

Present value adjustment

 

 

17,160

 

Operating lease liabilities

 

$

39,002