Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

The following adjustments were recorded in the Company’s balance sheet on January 1, 2019 (in thousands):


	December 31,		Adjustments		January 1,
	2018		Due to Topic 842		2019
Right-of-use assets	$	—	$	5,810	$	5,810
Current portion of operating lease liability	$	—	$	1,892	$	1,892
Operating lease liability, net of current portion	$	—	$	4,684	$	4,684
Accrued expenses and other current liabilities	$	12,857	$	(184)	$	12,673
Other long-term liabilities	$	582	$	(582)	$	—

As a result of adopting Topic 842 on January 1, 2019, the following financial statement line items in the Company’s balance sheet at December 31, 2019 and the statement of operations and comprehensive loss for the year ended December 31, 2019 were affected compared to as would have been recorded under ASC 840, Leases (Topic 840), (in thousands):


	December 31, 2019
	As Reported under Topic 842		Under Topic 840		Effect of Change
Right-of-use assets	$	3,970	$	—	$	3,970
Current portion of operating lease liability	$	2,608	$	—	$	2,608
Operating lease liability, net of current portion	$	2,076	$	—	$	2,076
Accrued expenses and other current liabilities	$	7,248	$	7,571	$	(323)
Other long-term liabilities	$	—	$	258	$	(258)


	Year Ended December 31, 2019
	As Reported under Topic 842		Under Topic 840		Effect of Change
Operating expenses:
Research and development related to leases	$	2,070	$	1,962	$	108
General and administrative related to leases		522		498		24
Total	$	2,592	$	2,460	$	132