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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Lessee Disclosure [Abstract]  
Elements of Lease Expense
The components of lease cost were as follows (in thousands):
 
   
Year Ended December 31,
 
   
        2020        
   
        2019        
 
Operating lease cost
  $3,097   $1,101 
Short-term lease cost
  $—     $—   
Variable lease cost
  $271   $583 
Finance lease cost:
    
Amortization of lease assets
  $361   $896 
Interest on lease liabilities
   20    55 
  
 
 
   
 
 
 
Total finance lease cost
  $381   $951 
  
 
 
   
 
 
 
Summary of supplemental disclosure of cash flow information related to leases
Supplemental disclosure of cash flow information related to leases was as follows (in thousands):
 
   
Year Ended December 31,
 
   
        2020        
   
        2019        
 
Cash paid for amounts included in the measurement of operating lease liabilities (operating cash flows)
  $2,461   $1,131 
Cash paid for amounts included in the measurement of finance lease liabilities (operating cash flows)
  $20   $55 
Cash paid for amounts included in the measurement of finance lease liabilities (financing cash flows)
  $347   $958 
Operating lease liabilities arising from obtaining
right-of-use
assets
  $10,219   $469 
Finance lease liabilities arising from obtaining
right-of-use
assets
  $102   $—   
Schedule of weighted-average remaining lease term and discount rate
The weighted-average remaining lease term and discount rate were as follows:
 
   
As of December 31,
 
   
2020
  
2019
 
Weighted-average remaining lease term (in years) used for:
   
Operating leases
   5.03   0.25 
Finance leases
   1.26   1.42 
Weighted-average discount rate used for:
   
Operating leases
   9.01  8.11
Finance leases
   6.46  6.09
Summary of future annual operating lease payments
As of December 31, 2020, future annual lease payments under the Company’s real estate operating leases and equipment finance leases were as follows (in thousands):
 
Year Ending December 31,
  
Operating Leases
  
Finance Leases
 
2021
  $5,997  $173 
2022
   6,173   49 
2023
   2,977   —   
2024
   1,931   —   
2025
   1,985   —   
Thereafter
   4,841   —   
  
 
 
  
 
 
 
Total future lease payments
   23,904   222 
Less: Imputed interest
   (4,957  (8
  
 
 
  
 
 
 
Total lease liabilities
  $18,947  $214 
  
 
 
  
 
 
 
Summary of table presents lease assets and liabilities and their classification on the consolidated balance sheet
The following table presents lease assets and liabilities and their classification on the consolidated balance sheet (in thousands):
 
Leases
  
Consolidated Balance Sheet Classification
  
Amount
 
Assets:
    
Operating lease assets
  Operating lease
right-of- use
assets
  $23,678 
Finance lease assets
  Property and equipment, net   199 
    
 
 
 
Total leased assets
    $23,877 
    
 
 
 
Liabilities:
    
Current:
    
Operating lease liabilities
  Operating lease liabilities  $4,468 
Finance lease liabilities
  Current portion of finance lease obligation   166 
Non-current:
    
Operating lease liabilities
  Operating lease liabilities, net of current portion   14,479 
Finance lease liabilities
  Finance lease obligation, net of current portion   48 
    
 
 
 
Total lease liabilities
    $19,161