Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies

Schedule of components of lease expense

The components of the Company’s lease expense, which are recorded as a component of research and development expenses and general and administrative expenses in the condensed consolidated statement of operations and comprehensive loss are as follows (in thousands):

	March 31,
	2020
Operating lease cost	$	223
Variable lease cost		139
Total lease cost	$	362
Weighted‑average remaining operating lease term (years)		2.4
Weighted‑average discount rate		8.56	%

Schedule of maturities of operating leases

The following table summarizes the maturities of the Company’s operating leases as of March 31, 2020 (in thousands):

Year Ending December 31,
2020	$	743
2021		751
2022		443
2023		—
2024		—
Present value adjustment		(245)
Total lease liabilities	$	1,692
Less: current lease liabilities		(636)
Long term lease liabilities	$	1,056