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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Operating Lease Expense

Our lease expense comprises of the following (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease expense

 

$

1,377

 

 

$

1,535

 

 

$

4,851

 

 

$

4,665

 

Summary of Balance Sheet Classification of Operating Lease Liabilities

The balance sheet classification of our operating lease liabilities was as follows (in thousands):

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Operating lease liabilities:

 

 

 

 

 

 

Current portion of lease liabilities (included in other current liabilities)

 

$

3,382

 

 

$

2,577

 

Long-term portion of lease liabilities

 

 

33,127

 

 

 

34,316

 

Total operating lease liabilities

 

$

36,509

 

 

$

36,893

 

Summary of Maturities of Sublease Income and Operating Lease Liabilities

As of September 30, 2022, the maturities of our sublease income and operating lease liabilities were as follows (in thousands):

 

Years ending December 31,

 

Sublease Income

 

 

Operating Lease
Liabilities

 

2022 (remaining)

 

$

1,364

 

 

$

1,659

 

2023

 

 

5,518

 

 

 

6,749

 

2024

 

 

5,684

 

 

 

6,879

 

2025

 

 

5,854

 

 

 

6,266

 

2026

 

 

6,030

 

 

 

5,824

 

Thereafter

 

 

27,712

 

 

 

26,975

 

Total

 

$

52,162

 

 

 

54,352

 

Less:

 

 

 

 

 

 

Present value adjustment

 

 

 

 

 

(17,843

)

Total

 

 

 

 

$

36,509

 

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate

The weighted average remaining lease term and the weighted average discount rate used to determine the operating lease liability were as follows:

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Weighted average remaining lease term

 

7.9 years

 

 

9.1 years

 

Weighted average discount rate

 

 

10.1

%

 

 

10.1

%