Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Components of Lease Cost

The components of lease cost recorded in the Company’s condensed consolidated financial statements were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Lease Cost:
Operating lease cost	$	264	$	263	$	791	$	789
Variable lease cost		178		189		548		541
Sublease income		—		—		—		(368	)
Total lease cost, net	$	442	$	452	$	1,339	$	962

Summary of Weighted-Average Remaining Lease Term and Discount Rate Related to Operating Leases

The weighted-average remaining lease term and discount rate related to the Company’s operating leases were as follows:

	As of September 30, 2020
Weighted-average remaining lease term (in years)		2.6
Weighted-average discount rate		5.5	%

Summary of Maturity of Operating Lease Liabilities

Maturity of the Company’s operating lease liabilities in accordance with ASC 842 as of September 30, 2020 were as follows (in thousands):

Year ending December 31,
Remainder of 2020	$	269
2021		1,095
2022		1,127
2023		382
2024		2
Total maturities		2,875
Less: Amount representing interest		(203	)
Present value of operating lease liability		2,672
Less: Current portion of operating lease liability		(964	)
Total operating lease liability, net of current portion	$	1,708