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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2021
COMMITMENTS AND CONTINGENCIES  
Schedule of lease cost

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

Lease cost (In thousands)

2021

 

2020

 

Operating lease cost

$

91

 

$

91

 

Short-term lease cost

 

 2

 

 

 8

 

Variable lease cost

 

27

 

 

25

 

Total lease cost

$

120

 

$

124

 

 

 

 

 

 

 

 

Other information (In thousands)

 

 

 

 

 

 

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

 

 

 

 

 

 

Operating cash flows from short term leases

$

 2

 

$

 8

 

Operating cash flows from operating leases

 

95

 

 

93

 

Total cash paid for leases

$

97

 

$

101

 

Weighted-average remaining lease term - operating leases

 

2.6 Years

 

 

3.6 Years

 

Weighted-average discount rate - operating leases

 

7.0%

 

 

7.0%

 

 

Schedule of maturities of lease liabilities

 

 

 

 

Leases (In thousands)

As of March 31, 2021

    

2021(excluding the 3 months ended March 31, 2021)

$

290

 

2022

 

398

 

2023

 

339

 

Total lease payments

 

1,027

 

Less: imputed interest

 

(86)

 

Present value of lease liabilities

$

941

 

 

Schedule of balance sheet information

 

 

 

 

 

 

 

 

 

Leases (In thousands)

 

Classification

    

March 31, 2021

 

December 31, 2020

Assets

 

 

 

 

 

 

 

 

Lease asset, net

 

Operating

 

$

853

 

$

928

Total lease assets

 

 

 

$

853

 

$

928

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current

 

Operating

 

$

336

 

$

327

Non-current

 

Operating

 

 

605

 

 

693

Total lease liabilities

 

 

 

$

941

 

$

1,020