Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Lease cost
Lease related costs were as follows (in thousands):
Three months ended September 30, Nine months ended September 30,
  2020 2019 2020 2019
Finance lease costs:
Amortization of right-of-use assets $ 27  $ 54  $ 126  $ 163 
Interest on lease obligations — 
Finance lease costs 27  56  127  171 
Operating lease cost 1,033  1,139  3,133  3,417 
Short-term lease cost (1)
—  —  47  — 
Sublease income —  (262) (55) (727)
Total lease cost $ 1,060  $ 933  $ 3,252  $ 2,861 
(1) Short-term lease costs on leases with terms of over one month and less than one year.
Other information related to non-cancellable finance leases and operating leases as of September 30, 2020 was as follows:
Operating Leases
Weighted-average remaining lease term (in years) 6.9 years
Weighted-average discount rate 6.6  %
Cash paid for amounts included in the measurement of lease obligations was as follows (in thousands):
Nine months ended September 30,
2020 2019
Operating cash flows from operating leases $ 1,795  $ 2,456 
Operating cash flows from finance leases $ —  $
Financing cash flows from finance leases $ 60  $ 180 
Operating lease maturity
As of September 30, 2020, our maturity analysis of annual undiscounted cash flows of the non-cancellable finance and operating leases are as follows (in thousands):
Years ending December 31, Operating Leases
2020 (remaining 3 months) $ 1,022 
2021 4,197 
2022 4,285 
2023 4,589 
2024 4,726 
2025 and thereafter 13,494 
Total minimum lease payments 32,313 
Less: imputed interest (6,758)
Lease Obligations $ 25,555 
Finance lease liability
As of September 30, 2020, our maturity analysis of annual undiscounted cash flows of the non-cancellable finance and operating leases are as follows (in thousands):
Years ending December 31, Operating Leases
2020 (remaining 3 months) $ 1,022 
2021 4,197 
2022 4,285 
2023 4,589 
2024 4,726 
2025 and thereafter 13,494 
Total minimum lease payments 32,313 
Less: imputed interest (6,758)
Lease Obligations $ 25,555 
Schedule of supply and service commitments
The following table provides quantitative data regarding our other commitments. Future minimum payments reflect amounts that we expect to pay including potential obligations under services agreements subject to risk of cancellation by us (in thousands):
Other Commitment Agreement Type Agreement Date Future Minimum Payment
Manufacture and supply agreement with expected future payment date of December 2022 April 2016 $ 532 
Development and manufacturing services agreements September 2019 3,806 
Strategic Collaboration and License Agreement March 2020 520 
Total other commitments $ 4,858