Leases

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Leases

Leases 

The Company has operating leases for offices, research and development facilities and manufacturing facilities. Leases have remaining terms of one year to seven 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 March 31, 2021 and December 31, 2020, 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 March 31,
	2021		2020
Operating lease cost	$	774	$	759
Variable and short-term lease cost	629		403
Total lease cost	$	1,403	$	1,162

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

	Three Months Ended March 31,
	2021			2020
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	878		$	718
Weighted average remaining lease term
Operating leases	6.2 years			7.2 years
Weighted average discount rate
Operating leases	6.5		%	6.4		%

Future minimum lease payments under non-cancelable leases as of March 31, 2021 were as follows (in thousands):

	Operating Leases
2021 (remaining nine months)	$	2,347
2022	3,134
2023	3,074
2024	2,944
2025	3,021
Thereafter	5,241
Total future minimum lease payments	19,761
Less imputed interest	(3,644)
Total	$	16,117

As of March 31, 2021 and December 31, 2020, the future minimum lease payments are captured in the Company's Consolidated Balance Sheets as follows:

Operating Leases:	March 31, 2021		December 31, 2020
Accrued and other current liabilities	$	2,143	$	2,128
Operating lease liabilities, noncurrent	13,974		14,522
Total	$	16,117	$	16,650