Commitments and Contingencies (Tables)
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12 Months Ended |
Dec. 31, 2022 |
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| Commitments and Contingencies Disclosure [Abstract] |
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| Lease, Cost |
Supplemental information pertaining to the Company’s leases in which the Company is the lessee is as follows: | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | | | 2022 | | 2021 | | Cash payments included in the measurement of lease liabilities: | | | | | | | | | Operating cash flows from operating leases | | | | | $ | 1,622,000 | | $ | 447,000 | | Operating cash flows from finance leases | | | | | $ | 278,000 | | $ | 47,000 | | Financing cash flows from finance leases | | | | | $ | 36,000 | | $ | 5,000 | | Weighted-average remaining lease term: | | | | | | | | | Operating leases | | | | | 3.41 years | | 4.10 years | | Finance leases | | | | | 18.17 years | | 19.20 years | | Weighted-average discount rate: | | | | | | | | | Operating leases | | | | | 8.3 | % | | 7.1 | % | | Finance leases | | | | | 7.1 | % | | 7.1 | % | | Noncash lease liabilities resulting from obtaining right-of-use assets | | | | | | | | | Operating leases | | | | | $ | 517,000 | | $ | 4,751,000 |
The following table provides the components of the Company’s lease cost: | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | Operating leases | | | | | Operating lease costs | $ | 2,084,000 | | | $ | 1,118,000 | | | Variable lease costs | 940,000 | | | 386,000 | | | Total rent expense | 3,024,000 | | | 1,504,000 | | | Finance lease | | | | | Amortization of right of use assets | 219,000 | | | 19,000 | | | Interest on lease liabilities | 278,000 | | | 47,000 | | | Variable lease costs | 32,000 | | | — | | | Total finance lease costs | 529,000 | | | 66,000 | | | | | | | Gross sublease income | (106,000) | | | (18,000) | | | Total lease costs | $ | 3,447,000 | | | $ | 1,552,000 | |
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| Lessee, Operating Lease, Liability, Maturity |
The future minimum payments under non-cancellable operating and finance leases as of December 31, 2022, are as follows: | | | | | | | | | | | | | Operating Leases | | Finance Lease | | 2023 | $ | 2,586,000 | | | $ | 322,000 | | | 2024 | 2,684,000 | | | 330,000 | | | 2025 | 2,788,000 | | | 338,000 | | | 2026 | 729,000 | | | 347,000 | | | 2027 | 255,000 | | | 356,000 | | | Thereafter | — | | | 5,594,000 | | | Total future lease payments | 9,042,000 | | | 7,287,000 | | | Less: imputed interest | (1,278,000) | | | (3,383,000) | | | Total lease liabilities | 7,764,000 | | | 3,904,000 | | | Less: lease liability, current portion | 2,260,000 | | | 285,000 | | | Lease liability, net of current portion | $ | 5,504,000 | | | $ | 3,619,000 | |
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| Finance Lease, Liability, Fiscal Year Maturity |
The future minimum payments under non-cancellable operating and finance leases as of December 31, 2022, are as follows: | | | | | | | | | | | | | Operating Leases | | Finance Lease | | 2023 | $ | 2,586,000 | | | $ | 322,000 | | | 2024 | 2,684,000 | | | 330,000 | | | 2025 | 2,788,000 | | | 338,000 | | | 2026 | 729,000 | | | 347,000 | | | 2027 | 255,000 | | | 356,000 | | | Thereafter | — | | | 5,594,000 | | | Total future lease payments | 9,042,000 | | | 7,287,000 | | | Less: imputed interest | (1,278,000) | | | (3,383,000) | | | Total lease liabilities | 7,764,000 | | | 3,904,000 | | | Less: lease liability, current portion | 2,260,000 | | | 285,000 | | | Lease liability, net of current portion | $ | 5,504,000 | | | $ | 3,619,000 | |
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