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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Operating Lease Assets and Liabilities

The following table summarizes the presentation in the Company’s consolidated balance sheets of its operating leases:

 

 

 

As of December 31, 2021

 

 

As of December 31, 2020

 

Assets:

 

 

 

 

 

 

Operating lease assets

 

$

18,208

 

 

$

9,041

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Operating lease liabilities

 

$

6,610

 

 

$

5,115

 

Operating lease liabilities, net of current portion

 

 

17,958

 

 

 

10,561

 

Total operating lease liabilities

 

$

24,568

 

 

$

15,676

 

Summary of Lease Costs

The following table summarizes the effect of lease costs in the Company’s consolidated statement of operations and comprehensive loss:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Operating lease costs

 

$

5,170

 

 

$

4,163

 

 

$

4,532

 

Short-term lease costs

 

 

1,452

 

 

 

1,457

 

 

 

1,878

 

Variable lease costs

 

 

3,300

 

 

 

2,890

 

 

 

3,022

 

Sublease income

 

 

(1,575

)

 

 

(1,813

)

 

 

(890

)

Total lease costs

 

$

8,347

 

 

$

6,697

 

 

$

8,542

 

Schedule of Future Payments of Operating Lease Liabilities

As of December 31, 2021, future payments of operating lease liabilities are as follows (in thousands):

 

 

 

As of December 31, 2021

 

2022

 

 

8,512

 

2023

 

 

7,480

 

2024

 

 

2,392

 

2025

 

 

2,466

 

2026 and thereafter

 

 

10,891

 

Total future payments of operating lease liabilities

 

$

31,741

 

Less: imputed interest

 

 

(7,173

)

Present value of operating lease liabilities

 

$

24,568