Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Future Minimum Rental Payments Future minimum lease payments under these agreements are as follows as of September 30, 2022:

 

(in thousands)

 

Amount

 

 2022 (remaining three months)

 

$

1,314

 

 2023

 

 

8,026

 

 2024

 

 

7,209

 

 2025

 

 

7,256

 

 2026

 

 

7,385

 

After 2026

 

 

30,423

 

Total future lease payments

 

$

61,613

 

  Less: interest

 

 

(13,502

)

 Present value of lease liabilities

 

$

48,111

 

Future minimum lease payments under these agreements are as follows as of December 31, 2021:

 

(in thousands)

 

Amount

 

 2022

 

$

5,499

 

 2023

 

 

8,314

 

 2024

 

 

7,507

 

 2025

 

 

7,594

 

 2026

 

 

7,775

 

After 2026

 

 

31,412

 

Total future lease payments

 

$

68,101

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Three Months Ended
September 30, 2022

 

Nine Months Ended September 30, 2022

 

 Supplemental cash flow information:

 

 

 

 

 

 Cash payments for operating leases included in cash flows used in operating activities

 

 

1,954

 

 

3,966

 

Schedule of Other Information Related to Operating Leases

 

 

September 30, 2022

 

 Other lease information

 

 

 

 Weighted-average remaining lease term - Operating leases

 

8.1 years

 

 Weighted-average discount rate - Operating leases

 

 

6.0

%