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Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Components of Lease Costs

The components of the lease costs for the three and nine months ended September 30, 2021 and 2020, were as follows (in thousands):

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease costs

 

$

524

 

 

$

606

 

 

$

1,571

 

 

$

2,195

 

Finance lease costs:

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of right-to-use assets, finance leases

 

 

279

 

 

 

183

 

 

 

650

 

 

 

539

 

Interest expense for finance lease liabilities

 

 

52

 

 

 

29

 

 

 

106

 

 

 

94

 

Variable lease costs

 

 

358

 

 

 

216

 

 

 

743

 

 

 

431

 

Total lease costs

 

$

1,213

 

 

$

1,034

 

 

$

3,070

 

 

$

3,259

 

Supplemental Cash Flow Information Relating to Leases

Supplemental cash flow information relating to the Company’s leases for the nine months ended September 30, 2021 and 2020 was as follows (in thousands):

 

 

 

Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

Cash paid for amounts included in the measurement
   of lease liabilities:

 

 

 

 

 

 

Operating cash flows used in (provided by)
   operating leases

 

$

2,060

 

 

$

(3,793

)

Operating cash flows used in finance leases

 

$

593

 

 

$

437

 

Financing cash flows used in finance leases

 

$

106

 

 

$

94

 

Summary of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates as of September 30, 2021 and 2020 were as follows:

 

 

 

Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

Remaining lease term:

 

 

 

 

 

 

Operating lease

 

8.59 years

 

 

9.59 years

 

Finance lease

 

2.61 years

 

 

2.99 years

 

Discount Rate:

 

 

 

 

 

 

Operating lease

 

 

10.50

%

 

 

10.50

%

Finance lease

 

 

8.75

%

 

 

8.1

%

Summary of Undiscounted Future Lease Payments for Operating and Finance Leases

The undiscounted future lease payments for operating and finance leases as of September 30, 2021, were as follows (in thousands):

 

Fiscal Year

 

Operating
Leases

 

 

Finance
Leases

 

2021 (excluding the first, second and third quarter)

 

$

631

 

 

$

309

 

2022

 

 

2,581

 

 

 

1,183

 

2023

 

 

2,659

 

 

 

969

 

2024

 

 

2,732

 

 

 

345

 

2025

 

 

2,814

 

 

 

 

Thereafter

 

 

12,925

 

 

 

 

Total minimum lease payments

 

 

24,342

 

 

 

2,806

 

Less amounts representing interest or imputed interest

 

 

(8,436

)

 

 

(270

)

Present value of lease liabilities

 

$

15,906

 

 

$

2,536