Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Summary of Lease Costs

The following summarizes quantitative information about the Company’s operating leases (table in thousands):

	Three Months Ended March 31, 2021			Three Months Ended March 31, 2020
Operating leases
Operating lease cost	$	419		$	443
Variable lease cost	102			189
Operating lease expense	521			632
Finance leases
Amortization of right-of-use assets	45			—
Interest on lease obligations	13			—
Finance lease expense	58			—
Short-term lease rent expense	4			4
Total rent expense	$	583		$	636
Other information
Operating cash flows from operating leases	$	425		$	445
Operating cash flows from finance leases	$	13		$	—
Financing cash flows from finance leases	$	37		$	—
Right of use assets exchanged for operating lease liabilities	$	1,896		$	—
Right of use assets exchanged for finance lease liabilities	$	460		$	—
Weighted-average remaining lease term – operating leases	3.6			2.6
Weighted-average remaining lease term – finance leases	5.7			0.0
Weighted-average discount rate – operating leases	6.3		%	6.8		%
Weighted-average discount rate – finance leases	5.4		%	—		%

Operating Lease Maturities

Future minimum rental payments under operating lease agreements are as follows (in thousands):

	Operating		Finance
Year ending December 31, 2021 (remaining)	$	1,107	$	199
Year ending December 31, 2022	1,083		269
Year ending December 31, 2023	740		272
Year ending December 31, 2024	555		270
Year ending December 31, 2025	455		269
Remaining future payments	79		272
Total	$	4,019	$	1,551
Less present value discount	(417)		(214)
Operating and finance lease liabilities	$	3,602	$	1,337

Finance Lease Maturities

Future minimum rental payments under operating lease agreements are as follows (in thousands):

	Operating		Finance
Year ending December 31, 2021 (remaining)	$	1,107	$	199
Year ending December 31, 2022	1,083		269
Year ending December 31, 2023	740		272
Year ending December 31, 2024	555		270
Year ending December 31, 2025	455		269
Remaining future payments	79		272
Total	$	4,019	$	1,551
Less present value discount	(417)		(214)
Operating and finance lease liabilities	$	3,602	$	1,337