Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Future minimum lease payments

Future minimum annual operating lease and debt repayments are as follows (in thousands):

As of September 30, 2021	Minimum Lease Payments		Debt Repayments		Total
2021	$	604	$	—	$	604
2022	2,445		—		2,445
2023	2,092		12,500		14,592
2024	—		37,500		37,500
Total minimum payments	5,141		50,000		55,141
Less: amount representing interest/unamortized debt discount	(559)		(238)		(797)
Present value of future payments	4,582		49,762		54,344
Less: current portion	(2,032)		—		(2,032)
Non-current portion	$	2,550	$	49,762	$	52,312

As of December 31, 2020	Minimum Lease Payments		Debt Repayments		Total
2021	$	2,179	$	—	$	2,179
2022	2,445		6,250		8,695
2023	2,092		25,000		27,092
2024	—		18,750		18,750
Total minimum payments	6,716		50,000		56,716
Less: amount representing interest/unamortized debt discount	(912)		(1,042)		(1,954)
Present value of future payments	5,804		48,958		54,762
Less: current portion	(1,708)		(4,551)		(6,259)
Non-current portion	$	4,096	$	44,407	$	48,503

Schedule of Maturities of Long-term Debt

Future minimum annual operating lease and debt repayments are as follows (in thousands):

As of September 30, 2021	Minimum Lease Payments		Debt Repayments		Total
2021	$	604	$	—	$	604
2022	2,445		—		2,445
2023	2,092		12,500		14,592
2024	—		37,500		37,500
Total minimum payments	5,141		50,000		55,141
Less: amount representing interest/unamortized debt discount	(559)		(238)		(797)
Present value of future payments	4,582		49,762		54,344
Less: current portion	(2,032)		—		(2,032)
Non-current portion	$	2,550	$	49,762	$	52,312

As of December 31, 2020	Minimum Lease Payments		Debt Repayments		Total
2021	$	2,179	$	—	$	2,179
2022	2,445		6,250		8,695
2023	2,092		25,000		27,092
2024	—		18,750		18,750
Total minimum payments	6,716		50,000		56,716
Less: amount representing interest/unamortized debt discount	(912)		(1,042)		(1,954)
Present value of future payments	5,804		48,958		54,762
Less: current portion	(1,708)		(4,551)		(6,259)
Non-current portion	$	4,096	$	44,407	$	48,503