Leases (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
Lease Cost:
Operating lease cost	$	264	$	264	$	792	$	791
Variable lease cost		857		178		2,219		548
Total lease cost	$	1,121	$	442	$	3,011	$	1,339

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, 2021
Weighted-average remaining lease term (in years)		1.6
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, 2021 were as follows (in thousands):

Year ending December 31,
Remainder of 2021	$	277
2022		1,127
2023		382
2024		2
Total maturities		1,788
Less: Amount representing interest		(80	)
Present value of operating lease liability		1,708
Less: Current portion of operating lease liability		(1,052	)
Total operating lease liability, net of current portion	$	656