Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases, Operating [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

(in thousands)	Three Months Ended March 31, 2021
Operating lease cost	$	381
Total lease cost	$	381
Weighted-average remaining lease term (years)		6.21
Weighted-average discount rate		8.00	%

Lessee, Operating Lease, Liability, Maturity

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

2021 (excluding the three months ended March 31, 2021)	$	879
2022		800
2023		820
2024		844
2025		869
Thereafter		1,519
Total lease payments		5,731
Less: Imputed interest and adjustments		(1,231	)
Present value of lease payments	$	4,500