Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2021

Commitments And Contingencies Disclosure [Abstract]

Schedule of Operating Lease Costs, Variable Lease Costs and Sub Lease Income

The following table summarizes operating lease costs, variable lease costs and sublease income: 

	Three months ended March 31,
	2021			2020
	(in thousands)
Operating lease costs	$	623		$	623
Variable lease costs		459			528
Sublease income		(235	)		(228	)
Net lease cost	$	847		$	923

Schedule of Operating Lease Liabilities and Minimum Lease Payments

The maturities of our operating lease liabilities and minimum lease payments as of March 31, 2021 were as follows:

For the Years Ending December 31,	Amount (in thousands)
2021		2,863
2022		2,987
2023		3,077
2024		3,169
Thereafter		7,197
Total undiscounted lease payments	$	19,293
Less: imputed interest		(4,472	)
Present value of operating lease liabilities	$	14,821

Schedule of Lease Term and Discount Rate

The following table summarizes the lease term and discount rate as of March 31, 2021:

	As of March 31, 2021
Weighted-average remaining lease term (years)
Operating leases		5.7
Weighted-average discount rate
Operating leases		10.0	%

Schedule of Operating Lease Liabilities

The following table summarizes cash paid for amounts included in the measurement of the Company’s operating lease liabilities.

	Three months ended March 31,
	2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	965	$	943