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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases  
Summary of Additional Details of the Leases

The following table provides additional details of the leases presented in the balance sheets (in thousands except remaining life and discount rate):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

Facilities

 

 

 

 

Right of use assets

 

$

4,919

 

 

 

 

 

 

Current portion of lease liabilities

 

 

2,318

 

Operating lease liability, net of current portion

 

 

3,433

 

Total liabilities

 

$

5,751

 

 

 

 

 

 

Weighted-average remaining life

 

 

2.25

years

Weighted-average discount rate

 

 

12.99

%

 

Summary of Lease Costs

The lease costs, which are included in operating expenses in our condensed consolidated statements of operations, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30, 2019

 

June 30, 2019

Facilities

 

 

 

 

 

 

Operating lease cost

 

$

648

 

$

1,296

Cash paid for operating lease

 

 

616

 

 

1,230

 

Summary of Undiscounted Cash Payment Obligations for its Operating Lease Liabilities

The following table summarizes the Company’s undiscounted cash payment obligations for its operating lease liabilities as of June 30, 2019 (in thousands):

 

 

 

 

 

Ending June 30, 

 

 

 

2019 (remaining six months)

 

$

1,415

2020

 

 

3,065

2021

 

 

2,183

Thereafter

 

 

 —

Total lease payments

 

 

6,663

Imputed interest

 

 

(912)

Total lease liabilities

 

$

5,751