XML 27 R16.htm IDEA: XBRL DOCUMENT v3.21.2
Leases
9 Months Ended
Sep. 30, 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 September 30, 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
September 30,
Nine Months Ended
September 30,
2021202020212020
Operating lease cost$792 $757 $2,348 $2,273 
Variable and short-term lease cost774 574 2,074 1,472 
Total lease cost
$1,566 $1,331 $4,422 $3,745 
Other information related to leases was as follows (in thousands, except lease term and discount rate):
Nine Months Ended
September 30,
20212020
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$2,493 $2,359 
Weighted average remaining lease term
Operating leases
5.7 years6.7 years
Weighted average discount rate
Operating leases
6.3 %6.5 %
Future minimum lease payments under non-cancelable leases as of September 30, 2021 were as follows (in thousands):
Operating Leases
2021 (remaining three months)$901 
20223,465 
20233,445 
20243,345 
20253,422 
Thereafter5,406 
Total future minimum lease payments
19,984 
Less imputed interest(3,319)
Total
$16,665 
As of September 30, 2021 and December 31, 2020, the future minimum lease payments are captured in the Company's Consolidated Balance Sheets as follows:
Operating Leases:September 30, 2021December 31, 2020
Accrued and other current liabilities$2,515 $2,128 
Operating lease liabilities, noncurrent14,150 14,522 
Total
$16,665 $16,650