Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2021
LEASES  
Schedule of other lease related balances

Information about other lease-related balances is as follows (in thousands):

Three Months Ended June 30,

Six Months Ended June 30,

 

2021

2020

2021

2020

 

Lease cost

  

 

  

 

  

 

  

Operating lease cost

$

422

$

186

$

745

$

374

Short‑term lease cost

 

34

 

3

 

45

 

3

Variable lease cost

 

46

 

2

 

85

 

12

Total lease cost

$

502

$

191

$

875

$

389

Other Information

 

  

 

  

 

  

 

  

Operating cash flows used in operating leases

$

655

$

269

$

899

$

536

Weighted‑average remaining lease term—operating leases (years)

 

2.6

 

3.7

 

2.6

 

3.7

Weighted‑average discount rate—operating leases

 

5.1

%  

 

7.6

%

 

5.1

%  

 

7.6

%

Schedule of future minimum lease payments

Future minimum lease payments under noncancelable operating leases, including immaterial future minimum lease payments under finance leases, at June 30, 2021, are as follows (in thousands):

Operating Leases

2021 (remaining 6 months)

$

1,114

2022

 

2,258

2023

 

2,072

2024

 

700

2025

 

192

2026

53

Total lease payments

 

6,389

Less amount representing interest

 

(447)

Total lease liability

 

5,942

Less current portion of lease liability

 

(1,983)

Lease liability, net of current portion

$

3,959