Leases (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Operating Leases Presentation in Consolidated Balance Sheets

The following table summarizes the presentation of the Company’s operating leases on its consolidated balance sheets:

		December 31,		December 31,
	Balance sheet location	2020		2019
Assets:
Operating lease assets	Operating lease assets	$	22,579	$	23,560
Liabilities:
Current operating lease liabilities	Operating lease liabilities	$	1,521	$	1,249
Non-current operating lease liabilities	Operating lease liabilities, net of current portion		22,901		23,583
	Total lease liabilities	$	24,422	$	24,832

Summary of Operating Lease Presentation in Consolidated Statements of Operations and Comprehensive Loss

The following table summarizes the effect of lease costs in the Company’s consolidated statements of operations and comprehensive loss for the years ended December 31, 2020 and 2019:

	Statement of operations location	Year Ended December 31, 2020		Year Ended December 31, 2019
Operating lease costs	Research and development	$	3,273	$	3,216
	General and administrative	748			581
	Total operating lease cost	$	4,021	$	3,797

Summary of Future Minimum Lease Payments

The minimum lease payments as of December 31, 2020 for the next five years and thereafter is expected to be as follows:

Year Ending December 31,	Amount
2021	$	3,985
2022		4,134
2023		4,254
2024		4,377
2025		4,503
Thereafter		15,959
Total lease payments		37,212
Less: interest		(12,790	)
Present value of operating lease liabilities	$	24,422