Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.22.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
Maturities of the Company’s operating lease liabilities at March 31, 2022 were as follows (in thousands):
Operating
Lease
2022 (excluding the three months ended March 31, 2022)
$ 2,594 
2023 3,548 
2024 3,655 
2025 3,764 
2026 3,577 
Thereafter 21,967 
Total lease payments 39,105 
Less: imputed interest(1)
11,742 
Present value of operating lease liabilities
27,363 
Current portion of operating lease liabilities(2)
1,605 
Operating lease liabilities, net of current portion $ 25,758 
__________________________
(1)Calculated using the incremental borrowing rate
(2)Included within Accrued expenses and other current liabilities line item on the Condensed Consolidated Balance Sheet.