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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2019
COMMITMENTS AND CONTINGENCIES  
Schedule of lease cost

 

 

 

 

Lease cost (In thousands)

    

As of March 31, 2019

Operating lease cost

 

$

91

Short-term lease cost

 

 

 6

Total lease cost

 

$

97

 

 

 

 

 

 

 

 

Other information (In thousands)

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

Operating cash flows from operating leases

 

$

 —

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

 

 

1,475

Weighted-average remaining lease term - operating leases

 

 

4.6 Years

Weighted-average discount rate - operating leases

 

 

7.0%

 

Schedule of maturities of lease liabilities

 

 

 

 

Leases (In thousands)

    

As of March 31, 2019

2019 (excluding the 3 months ended March 31, 2019)

 

$

243

2020

 

 

375

2021

 

 

386

2022

 

 

397

2023

 

 

339

Thereafter

 

 

 —

Total lease payments

 

 

1,740

Less: interest

 

 

(256)

Present value of lease liabilities

 

$

1,484

 

Schedule of balance sheet information

 

 

 

 

 

 

 

Leases (In thousands)

    

 

Classification

    

As of March 31, 2019

Assets

 

 

 

 

 

 

Lease asset

 

 

Operating

 

$

1,410

Total lease assets

 

 

 

 

$

1,410

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Current

 

 

Operating

 

$

208

Non Current

 

 

Operating

 

 

1,276

Total lease liabilities

 

 

 

 

$

1,484