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Leases (Tables)
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Assets and Liabilities, Operating Leases, Lessee
The following table summarizes the presentation of the Company’s operating leases in its balance sheets as of September 30, 2023 and December 31, 2022 (in thousands):
Balance Sheet CaptionSeptember 30, 2023December 31, 2022
Assets:
Operating lease assets$20,454 $24,707 
Liabilities:
Current portion of operating lease liabilities$3,263 $2,347 
Noncurrent operating lease liabilities26,279 28,744 
Total operating lease liabilities$29,542 $31,091 
Summary of Lease Costs
The following table summarizes the effect of operating lease costs in the Company’s statements of operations and comprehensive loss for the three and nine months ended September 30, 2023 and 2022 (in thousands):
Statement of Operations and Comprehensive Loss CaptionThree months ended September 30,Nine months ended September 30,
2023202220232022
Research and development$897 $767 $2,431 $2,301 
General and administrative561 511 1,582 1,532 
Total operating lease cost$1,458 $1,278 $4,013 $3,833 
Schedule of Maturities on Lease Liabilities
The undiscounted future non-cancellable lease payments under the Company's operating leases as of September 30, 2023 for the next five years and thereafter is expected to be as follows (in thousands):
Amount
Remaining three months of 2023
$1,440 
2024
5,749 
2025
5,921 
2026
5,405 
2027 and thereafter
21,298 
Total undiscounted lease payments39,813 
Less: Present value adjustment(10,271)
Present value of operating lease liabilities$29,542