Annual report pursuant to Section 13 and 15(d)

Lease (Tables)

v3.20.4
Lease (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Details of Right-of-Use Assets and Lease Liabilities

Information related to the Company’s ROU asset and related lease liabilities were as follows (in thousands):

 

 

For the Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

Cash paid for operating lease liabilities

 

$

900

 

 

$

774

 

Operating lease costs

 

 

1,099

 

 

 

1,099

 

Variable lease costs

 

 

542

 

 

 

505

 

 

 

 

 

 

 

 

 

 

 

Maturities of lease liabilities as of December 31, 2020 were as follows

   for the years ending December 31:

 

 

 

 

 

2021

 

$

1,542

 

 

2022

 

 

1,588

 

 

2023

 

 

1,635

 

 

2024

 

 

1,684

 

 

2025

 

 

282

 

 

Total undiscounted lease payments

 

 

6,731

 

 

Less: imputed interest

 

 

(1,267

)

 

Total lease liabilities

 

$

5,464

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

 

1,042

 

 

Operating lease liabilities, noncurrent

 

 

4,422

 

 

Total operating lease liabilities

 

$

5,464