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Lease (Tables)
9 Months Ended
Sep. 30, 2021
Lessee Disclosure [Abstract]  
Summary of Present Value Assumptions used in Calculating Present Value of Lease Payments For the three and nine months ended September 30, 2020, the Company’s operating lease expense was $0.2 million and $0.6 million, respectively. The present value assumptions used in calculating the present value of the lease payments were as follows:

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Weighted-average remaining lease term

 

1.3 years

 

 

2.3 years

 

Weighted-average discount rate

 

 

4.9

%

 

 

5.7

%

 

Schedule of Maturity of Operating Lease Liabilities

The maturity of the Company’s operating lease liabilities as of September 30, 2021 were as follows (in thousands):

 

Year Ending December 31,

Amount

 

Remaining in 2021

$

498

 

2022

 

1,719

 

2023

 

259

 

Total undiscounted lease payments

 

2,476

 

Less imputed interest

 

(82

)

Total operating lease liability

$

2,394

 

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information related to operating leases was as follows (in thousands):

 

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

977

 

 

$

433

 

Prepaid cash payment for lease liabilities

 

 

208

 

 

 

 

Cash paid for operating leases that were included in operating cash outflows

 

$

1,185

 

 

$

433