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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies  
Schedule of components of lease expense

The components of lease expense were as follows (in thousands):

    

Year Ended

December 31, 

2021

2020

Operating lease cost

$

1,225

$

1,225

Variable lease cost

Total lease costs

$

1,225

$

1,225

Finance lease cost:

 

  

 

  

Amortization of right of use asset

$

85

$

35

Interest on lease liability

 

16

 

8

Schedule of supplemental balance sheet information related to leases

Supplemental balance sheet information related to the leases was as follows (in thousands, except for remaining lease term and discount rates):

Year Ended

    

December 31, 

2021

 

2020

Operating Lease:

Operating lease right-of-use asset

$

5,977

 

$

6,309

Operating lease liability, current portion

$

801

$

564

Operating lease liability, net of current portion

$

10,107

$

10,908

Finance Lease:

 

  

 

  

Other non-current assets

$

303

$

388

Other current liabilities

 

82

 

82

Other liabilities, long-term

 

118

 

187

Weighted-average remaining lease term (in years):

 

  

 

  

Operating lease

 

8.17

 

9.17

Finance lease

 

2.70

 

3.70

Weighted-average discount rate:

 

  

 

  

Operating lease

 

8.0

%

 

8.0

%  

Finance lease

 

6.9

%

 

6.9

%  

Schedule of supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows (in thousands):

    

Year Ended

December 31, 

2021

2020

Cash paid for amounts included in the measurement of lease liabilities:

  

  

Operating cash flows from operating leases

$

1,392

$

1,343

Financing cash flows from finance leases

 

85

 

99

Schedule of Future Lease Payments Under Operating Leases

Future minimum lease payments under non-cancellable leases as of December 31, 2021 are as follows (in thousands):

    

Operating Lease

    

Finance Lease

2022

$

1,634

$

85

2023

 

1,683

 

85

2024

 

1,733

 

49

2025

 

1,785

 

2026

 

1,839

 

Thereafter

 

6,361

 

Total future minimum lease payments

$

15,035

$

219

Present value adjustment

 

(4,127)

 

(19)

Present value of lease liabilities

$

10,908

$

200

Schedule of Future Lease Payments Under financing Leases

Future minimum lease payments under non-cancellable leases as of December 31, 2021 are as follows (in thousands):

    

Operating Lease

    

Finance Lease

2022

$

1,634

$

85

2023

 

1,683

 

85

2024

 

1,733

 

49

2025

 

1,785

 

2026

 

1,839

 

Thereafter

 

6,361

 

Total future minimum lease payments

$

15,035

$

219

Present value adjustment

 

(4,127)

 

(19)

Present value of lease liabilities

$

10,908

$

200