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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Schedule of ROU Assets and Related Lease Liabilities

Information related to the Company’s ROU assets and related lease liabilities were as follows (in thousands except for remaining lease term and discount rate):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Cash paid for operating lease liabilities

 

$

750

 

 

$

350

 

 

$

1,490

 

 

$

566

 

Operating lease cost

 

 

767

 

 

 

523

 

 

 

1,534

 

 

 

694

 

Variable lease cost

 

 

68

 

 

 

 

 

 

114

 

 

 

 

 

 

 

June 30,

2020

 

 

December 31,

2019

 

Current operating lease liabilities

 

$

2,575

 

 

$

2,483

 

Non-current operating lease liabilities

 

 

10,932

 

 

 

12,244

 

Weighted average remaining lease term in years

 

 

4.6

 

 

 

5.1

 

Weighted average discount rate

 

 

3.8

%

 

 

3.8

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of June 30, 2020 were as follows (in thousands):

 

 

 

Operating

 

 

 

Lease

 

Year Ending December

 

Commitments

 

2020 (remaining six months)

 

$

1,512

 

2021

 

 

3,086

 

2022

 

 

3,172

 

2023

 

 

3,261

 

2024

 

 

3,008

 

Thereafter

 

 

733

 

Total

 

 

14,772

 

Less imputed interest

 

 

(1,265

)

Total lease liabilities

 

$

13,507