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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases  
Schedule of operating lease liabilities maturities

The following table reconciles the undiscounted cash flows for the operating leases at December 31, 2021 to the operating lease liabilities recorded on the balance sheet (in thousands):

Years ending December 31,

2022

$

2,097

2023

5,566

2024

5,713

2025

5,817

2026

5,279

Thereafter

52,117

Total undiscounted lease payments

76,589

Less: Tenant allowance

(17,032)

Less: Imputed interest

(25,588)

Present value of lease payments

$

33,969

Lease liabilities - long-term

$

33,969

Summary of lease costs and cash disclosures

Year Ended

December 31, 

2021

    

2020

    

2019

Operating lease cost

$

4,342

$

2,503

$

2,596

Variable lease cost

58

150

80

Total lease costs

$

4,400

$

2,653

$

2,676

Cash paid for amounts included in

the measurement of lease liabilities

$

2,773

$

2,233

$

1,929

Weighted-average remaining lease term

—operating leases (in years)

12.3

7.4

5.5

Weighted-average discount rate

—operating leases

5.8%

5.5%

5.5%