Leases

9 Months Ended

Sep. 30, 2019

The Company has operating leases for offices, research and development facilities and manufacturing facilities. Leases have remaining terms of less than one year to eight years, some of which include options to extend the leases and some of which may include options to terminate the leases within one year. As of September 30, 2019 and December 31, 2018, an asset recorded in property, plant and equipment under a finance lease was immaterial.

The components of lease expense were as follows (in thousands):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2019		2019
Operating lease cost	$	760	$	2,270
Variable and short-term lease cost	401		1,062
Total lease cost	$	1,161	$	3,332

Other information related to leases was as follows (in thousands, except lease term and discount rate):



	Nine Months Ended September 30,
	2019
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,635
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	136
Weighted average remaining lease term
Operating leases	7.5
Weighted average discount rate
Operating leases	6.4		%

Future minimum lease payments under non-cancelable leases as of September 30, 2019 were as follows (in thousands):



	Operating Leases
2019 (excluding the nine months ended September 30, 2019)	$	891
2020	3,140
2021	3,094
2022	3,091
2023	3,041
Thereafter	11,202
Total future minimum lease payments	24,459
Less imputed interest	(5,338		)
Total	$	19,121



Reported as of September 30, 2019:	Operating Leases
Accrued and other current liabilities	$	2,067
Operating lease liabilities, noncurrent	17,054
Total	$	19,121

As of December 31, 2018, the future minimum commitments under the Company’s non-cancelable operating leases and capital leases are as follows (in thousands):



	Operating Leases
2019	$	3,618
2020	3,113
2021	3,059
2022	3,056
2023	3,049
Thereafter	11,437
Total future minimum lease payments	$	27,332