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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Remaining Purchase Requirements

In August 2019, the Company and Amphastar amended the Insulin Supply Agreement to extend the term to 2026 and to restructure the annual purchase commitments. As of March 31, 2021, the remaining purchase requirements are as follows:

 

 

Minimum

Commitment

2021

7.0 million

2022

8.5 million

2023

10.9 million

2024

14.6 million

2025

15.5 million

2026

19.4 million

 

Summary of Lease Information

Lease information is as follows (in thousands):

 

 

Three Months Ended

March 31,

 

 

 

2021

 

 

2020

 

Operating lease costs

 

$

350.1

 

 

$

351.5

 

Variable lease costs

 

 

111.2

 

 

 

100.5

 

Cash paid

 

 

461.3

 

 

 

452.0

 

Schedule of Lease Term and Discount Rate

 

 

March 31, 2021

 

 

December 31, 2020

 

Weighted average remaining lease term (in years)

 

 

1.7

 

 

 

1.9

 

Weighted average discount rate

 

 

8.8

%

 

 

7.5

%

Schedule of Future Minimum Office And Vehicle Lease Payments

Future minimum office and vehicle lease payments as of March 31, 2021 and December 31, 2020, are as follows (in thousands):

 

 

 

March 31, 2021

 

 

December 31, 2020

 

2021

 

$

1,123

 

 

$

1,494

 

2022

 

 

1,239

 

 

 

1,239

 

2023

 

 

88

 

 

 

88

 

Total

 

$

2,450

 

 

$

2,821