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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of Right-of-Use Assets and the Corresponding Lease Liabilities Information regarding the Company's right-of-use assets and the corresponding lease liabilities are as follows:

 

 

 

March 31,
2022

 

 

December 31,
2021

 

(In thousands)

 

 

 

 

 

 

Right-of-use assets

 

$

7,616

 

 

$

5,877

 

Lease liabilities

 

 

7,886

 

 

 

6,177

 

Schedule of Rent Expenses The Company’s rent expense is as follows:

 

 

 

March 31,

 

 

2022

 

 

2021

 

(In thousands)

 

 

 

 

 

Operating lease expense

$

862

 

 

$

884

 

Variable and short-term lease expense

 

46

 

 

 

40

 

Rent expense

$

908

 

 

$

924

 

Schedule of Future Minimum Lease Payments to be Paid under Operating Leases The future minimum lease payments to be paid under operating leases are as follows:

 

 

 

March 31,
2022

 

(In thousands)

 

 

 

2022 (remaining nine months)

 

$

1,782

 

2023

 

 

2,246

 

2024

 

 

1,876

 

2025

 

 

1,713

 

2026

 

 

675

 

Thereafter

 

 

844

 

Total future lease payments

 

 

9,136

 

Present value adjustment

 

 

(1,250

)

Present value of future lease payments

 

$

7,886