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Leases
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
The Company leases office space and a production suite. All leased facilities are classified as operating leases with remaining lease terms between two and four years. The Company determines if a contract is a lease at the inception of the arrangement. The Company reviews all options to extend, terminate, or purchase its right-of-use assets at the inception of the lease and will include these options in the lease term when they are reasonably certain of being exercised. The Company’s lease agreements do not contain any material residual value guarantees or material variable lease payments. For the Company’s leased production suite, contract consideration was allocated to lease and non-lease components on the basis of relative standalone price.

The components of lease costs, which are included in selling, general and administrative expenses in the consolidated statements of (loss) income of years ended December 31, 2021, 2020 and 2019 were as follows:

Lease cost:202120202019
Operating lease costs (1)
$821 $1,133 $1,515 
Sublease income (2)
(110)(336)(276)
Total lease cost$711 $797 $1,239 

(1) Variable lease costs were immaterial for the years ended December 31, 2021, 2020 and 2019.
(2) Represents sublease income received for office subleases.

During the years ended December 31, 2021 and 2020, the Company reduced its operating lease liabilities by $578 and $769 for cash paid. During the year ended December 31, 2021, the Company remeasured its production suite lease liability. During the year ended December 31, 2021, the Company did not enter into any new operating or finance leases.

As of December 31, 2021, the Company’s operating leases have a weighted-average remaining lease term of 2.9 years and a weighted-average discount rate of 4.9%. The Company’s lease contracts do not provide a readily determinable implicit rate. The Company’s estimated incremental borrowing rate is based on information available at the inception of the lease.

Maturities of the Company’s operating lease liabilities were as follows:

Maturities:Operating Leases
2022$974 
20231,013 
2024614 
2025206 
2026— 
Thereafter— 
Total lease payments2,807 
Less: interest200 
Present value of lease liabilities$2,607