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Commitments and Contingencies
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

8.Commitments and Contingencies

Lease Agreements

Future minimum lease payments due under operating leases as of March 31, 2021 are as follows:

 

(in thousands)

 

Operating Leases

 

2021

 

$

511

 

2022

 

 

668

 

2023

 

 

652

 

2024

 

 

559

 

2025 and thereafter

 

 

 

Total

 

$

2,390

 

Contingencies

From time to time, the Company may have certain contingent liabilities that arise in the ordinary course of business. The Company accrues a liability for such matters when it is probable that future expenditures will be made, and such expenditures can be reasonably estimated. For all periods presented, the Company was not a party to any pending material litigation or other material legal proceedings.