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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies.  
Schedule of lease cost

Amounts reported in the consolidated balance sheets for leases where the Company is the lessee as of June 30, 2022 were as follows, in thousands:

As of June 30,

2022

Assets

Operating lease assets

$

539

Total operating lease assets

$

539

Liabilities

Current

Operating lease liabilities

$

161

Noncurrent

Operating lease liabilities, net of current

404

Total operating lease liabilities

$

565

The following table summarizes operating lease costs for the three and six months ended June 30, 2022:

Three Months Ended

Six Months Ended

June 30, 2022

June 30, 2022

Operating lease costs

$

49

$

99

Variable lease costs

Total lease costs

$

49

$

99

The following table summarizes the lease term and discount rate as of June 30, 2022:

As of June 30,

2022

Weighted-average remaining lease term (years)

Operating leases

5.7

Weighted-average discount rate

Operating leases

8.0%

The following table summarizes cash paid for amounts included in the measurement of the Company’s operating lease liabilities for the three and six months ended June 30, 2022:

Amounts

Six Months Ended June 30, 2022

(in thousands)

Operating cash flows used for operating leases

$

73

Schedule of minimum lease commitments

For the Years Ended December 31,

    

Operating Leases

2022 (remaining)

$

99

2023

 

140

2024

 

82

2025

84

Thereafter

298

Total undiscounted lease payments

$

703

Less: Imputed interest

(138)

Present value of operating lease liabilities

$

565