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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases, Operating [Abstract]  
Components of Lease Expense

The components of lease expense were as follows:

 

 

 

Three Months Ended
June 30,

 

 

For the Six Months Ended
June 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease cost

 

$

380

 

 

$

236

 

 

$

761

 

 

$

471

 

Total lease cost

 

$

380

 

 

$

236

 

 

$

761

 

 

$

471

 

Weighted-average remaining lease term (years)

 

 

6.00

 

 

4.36

 

 

 

6.00

 

 

4.36

 

Weighted-average discount rate

 

 

8.00

%

 

 

8.00

%

 

 

8.00

%

 

 

8.00

%

Lessee, Operating Lease, Liability, Maturity

As of June 30, 2021, the maturities of the Company’s operating lease liabilities for the years ended December 31, were as follows (in thousands):  

 

2021 (excluding the six months ended June 30, 2021)

 

$

617

 

2022

 

 

1,102

 

2023

 

 

1,132

 

2024

 

 

1,166

 

2025

 

 

1,201

 

Thereafter

 

 

1,873

 

Total lease payments

 

 

7,091

 

Less: Imputed interest and adjustments

 

 

(1,435

)

Present value of lease payments

 

$

5,656