v3.24.1

Commitments and Contingencies (Details) $ in Thousands	1 Months Ended		12 Months Ended
Commitments and Contingencies (Details) $ in Thousands	Aug. 31, 2021 ft²	Jun. 30, 2021 ft²	Dec. 31, 2023 USD ($) Member	Dec. 31, 2022 USD ($)
Commitments and Contingencies [Abstract]
Area of office space under lease agreement \| ft²	5,698	8,088
Period of lease agreement			5 years 4 months
Option to extend lease agreement	3 years	5 years
Standby letter of credit as security deposit			$ 400
Standby letter of credit, decrease in amount after each three and four year of lease term if no default			300
Right-of-use assets			2,488	$ 3,377
Operating lease costs			$ 1,200	1,000
Weighted-average discount rate			7.00%
Weighted-average remaining lease term (in years)			3 years 3 months 18 days
Cash paid for leases in operating cash flows			$ 1,200	600
Number of senior leadership team entered into letter agreement \| Member			5
Percentage of transaction bonus payable on deal value			5.00%
Future Lease Payments of Operating Lease Liabilities [Abstract]
2024			$ 1,080
2025			1,112
2026			927
Thereafter			428
Total minimum lease payments			3,547
Less: imputed interest			(372)
Total operating lease liabilities			3,175	4,200
Less: current portion			(892)	(991)
Lease liability, net of current portion			$ 2,283	$ 3,191

Agreement made to lease rental office space.

+ References

No definition available.

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- Definition

Amount of lessee's undiscounted obligation for lease payment for operating lease due after third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

No definition available.

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- Definition

The number of members in senior leadership team entered into a letter agreement.

+ References

No definition available.

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- Definition

Percentage of transaction bonuses on deal value payable in the event of change in control or other sale of material assets.

+ References

No definition available.

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- Definition

The Company is not in default under the lease, this amount will decrease after each of years three and four of the lease term.

+ References

No definition available.

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- References

No definition available.

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- Definition

Term of lessee's operating lease not yet commenced, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for operating lease.

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- Definition

Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease.

+ References

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- Definition

Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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- Definition

Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability.

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- References

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Present value of lessee's discounted obligation for lease payments from operating lease.

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Present value of lessee's discounted obligation for lease payments from operating lease, classified as current.

+ References

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Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent.

+ References

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- Definition

Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.

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Amount of lessee's right to use underlying asset under operating lease.

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- Definition

Weighted average discount rate for operating lease calculated at point in time.

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Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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Kinnate Biopharma Inc. 10-K