Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2021
LEASES  
Schedule of other lease related balances

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

March 31, 

 

2021

2020

 

Lease cost

 

  

 

  

Operating lease cost

$

323

$

188

Short‑term lease cost

 

22

 

Variable lease cost

 

39

 

10

Total lease cost

$

384

$

198

Other Information

 

  

 

  

Operating cash flows used in operating leases

$

244

$

268

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

 

2.9

 

4.0

Weighted‑average discount rate—operating leases

 

5.5

%  

 

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 March 31, 2021, are as follows (in thousands):

Operating Leases

2021 (remaining 9 months)

$

1,399

2022

 

1,862

2023

 

1,671

2024

 

370

2025

 

Total lease payments

 

5,302

Less amount representing interest

 

(415)

Total lease liability

 

4,887

Less current portion of lease liability

 

(1,639)

Lease liability, net of current portion

$

3,248