|
The following expenses related to our finance and operating leases were included in "general and administrative expenses" within our consolidated statements of operations and comprehensive loss for the years ended December 31, 2020 and 2019:
|
|
|
|
|
|
|
|
|
| (in thousands) |
December 31,
2020 |
December 31, 2019 |
| Finance lease cost |
|
|
| Amortization of leased assets |
$ |
142 |
|
$ |
130 |
|
| Interest of lease liabilities |
18 |
|
24 |
|
| Operating lease costs |
|
|
Operating lease cost |
1,383 |
|
919 |
|
Variable lease cost |
255 |
|
378 |
|
| Total lease cost |
$ |
1,798 |
|
$ |
1,451 |
|
The table below presents lease-related terms and discount rates as of December 31, 2020:
|
|
|
|
|
|
|
December 31,
2020 |
| Weighted average remaining lease terms |
|
| Operating leases |
3.6 years |
| Finance leases |
2.0 years |
| Weighted average discount rate |
|
| Operating leases |
4.8 |
% |
| Finance leases |
6.6 |
% |
|