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Leases (Tables)
9 Months Ended
Sep. 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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

Facilities

 

 

 

 

Right of use assets

 

$

4,453

 

 

 

 

 

 

Current portion of lease liabilities

 

 

2,504

 

Operating lease liability, net of current portion

 

 

2,770

 

Total liabilities

 

$

5,274

 

 

 

 

 

 

Weighted-average remaining life

 

 

2.0

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

 

Nine Months Ended

 

 

September 30, 2019

 

September 30, 2019

Facilities

 

 

 

 

 

 

Operating lease cost

 

$

648

 

$

1,944

Cash paid for operating lease

 

 

660

 

 

1,890

 

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 September 30, 2019 (in thousands):

 

 

 

 

 

Ending September 30, 

 

 

 

2019 (remaining three months)

 

$

755

2020

 

 

3,065

2021

 

 

2,183

Thereafter

 

 

 —

Total lease payments

 

 

6,003

Imputed interest

 

 

(729)

Total lease liabilities

 

$

5,274