Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Other information related to the Company’s lease is as follows (in thousands, except lease term and discount rate):


	For Three Months Ended
	March 31,
	2020
Lease Cost:
Operating lease cost	$	344
Variable lease cost		168
Total lease cost	$	512


	For Three Months Ended
	March 31,
	2020
Other information:
Operating cash flows used for operating leases	$	353
Weighted average remaining lease term		3.5 years
Weighted average incremental borrowing rate		6.47	%

Summary of minimum lease payments

The following is a maturity analysis of the annual undiscounted cash flows reconciled to the carrying value of the operating lease liabilities as of March 31, 2020 (in thousands):


Year Ending December 31,
2020 (excluding the three months ended March 31, 2020)	$	1,093
2021		1,619
2022		1,668
2023		1,279
Total lease payments		5,659
Less imputed interest		(624)
Total operating lease liabilities	$	5,035