Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.3
Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Information related to Right-of-use Assets and Liabilities

Information related to the Company’s right-of-use assets and related liabilities were as follows (in thousands):

 

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

Cash paid for operating lease liabilities

 

$

606

 

Right-of-use assets obtained in exchange for new operating lease

   obligations

 

 

803

 

Weighted-average remaining lease term

 

1.4 years

 

Weighted-average discount rate

 

 

12.8

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 were as follows (in thousands):

 

Due in 12 month period ended September 30,

 

 

 

 

2020

 

$

484

 

2021

 

 

45

 

Thereafter

 

 

 

 

 

$

529

 

Less imputed interest

 

 

(38

)

Total lease liabilities

 

$

491

 

 

 

 

 

 

Current operating lease liabilities

 

 

476

 

Non-current lease liabilities

 

 

15

 

Total lease liabilities

 

$

491

 

Future minimum rental commitments under lease agreements with non-cancelable Operating Leases

Future minimum rental commitments under lease agreements, as of September 30, 2019, with non-cancelable terms greater than one year for each of the periods ending September 30, are as follows (in thousands):

 

 

 

Period Ended

September 30, 2019

 

2019 (three months)

 

$

192

 

2020

 

 

314

 

2021

 

 

23

 

2022 and thereafter

 

 

 

Total future minimum lease obligations

 

$

529