Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease Assets And Lease Liabilities

The following table summarizes the Company's lease assets and liabilities as of December 31, 2021 and 2020 (in thousands):

	December 31, 2021		December 31, 2020
Assets
Operating lease right of use assets	$	2,856	$	8,141
Finance lease assets, included in Property and equipment, net (1)	11		495
Total lease assets	$	2,867	$	8,636
Liabilities
Current
Operating lease liabilities, included in Other current liabilities	$	4,127	$	4,716
Finance lease liabilities, included in Other current liabilities	12		15
Long-term
Operating lease liabilities, net of current portion	1,182		5,394
Finance lease liabilities, net of current portion, included in Other long-term liabilities	$	—	$	8
Total lease liabilities	$	5,321	$	10,133

(1) Finance leases are presented net of accumulated amortization of $6.3 million and $5.8 million as of December 31, 2021 and 2020, respectively.

Schedule of Lease Expense Components

The following table summarizes the components of lease expense for the years ended December 31, 2021 and 2020 (in thousands):

	2021		2020
Operating lease cost, included in General and administrative expense (1)(2)	$	4,195	$	4,093
Finance lease cost:
Amortization of lease assets, included in General and administrative expense	484		1,421
Interest on lease liabilities, included in Other (expense) income, net	—		35
Less: sublease income, reducing rent expense in General and administrative expense (3)	(197)		(167)
Net lease cost	$	4,482	$	5,382

(1) Excludes short-term lease costs of $0.3 million and $0.2 million for the years ended December 31, 2021 and 2020, respectively.

(2) Excludes lease abandonment charge of $1.4 million for the year ended December 31, 2021.

(3) The Company subleases space to a third party for which it anticipates receiving $0.2 million in annual rental payments during the term of the sublease agreement, which is through August 2022.

Other Information Related To Leases

The following table summarizes other information related to leases for the years ended December 31, 2021 and 2020 (in thousands):

	2021			2020
Supplemental cash flows information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	4,534		$	4,501
Operating cash outflows from finance leases	—			105
Financing cash outflows from finance leases	15			1,422
Weighted-average remaining lease term (years)
Operating leases	1.33			2.22
Finance leases	0.75			0.41
Weighted-average discount rate
Operating leases	5.50		%	5.48		%
Finance leases	2.30		%	7.12		%

Lessee, Operating Lease, Liability, Maturity

The following table summarizes maturities of lease liabilities as of December 31, 2021 (in thousands):

	Operating Leases		Finance Leases
2022	$	4,295	$	12
2023	1,215		—
Total lease payments	$	5,510	$	12
Less: imputed interest	(201)		—
Present value of lease liabilities	$	5,309	$	12