Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 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):

	Three			Nine
	Months			Months
	September 30,			September 30,
	2020			2020
Operating lease cost	$	226		$	669
Variable lease cost		153			456
Total lease cost	$	379		$	1,125
Weighted‑average remaining operating lease term (years)		1.9			1.9
Weighted‑average discount rate		8.61	%		8.61	%

Schedule of maturities of operating leases

The following table summarizes the maturities of the Company’s operating leases as of September 30, 2020 (in thousands):

Year Ending December 31,
2020	$	226
2021		766
2022		444
2023		—
Present value adjustment		(107)
Total lease liabilities	$	1,329
Less: current lease liabilities		(684)
Long term lease liabilities	$	645