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Leases (Tables)
12 Months Ended
Dec. 31, 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):

 

 

 

 

 

 

 

December 31, 2019

 

Facilities

 

 

 

 

Right of use assets

 

$

3,970

 

 

 

 

 

 

Current portion of lease liabilities

 

 

2,608

 

Operating lease liability, net of current portion

 

 

2,076

 

Total liabilities

 

$

4,684

 

 

 

 

 

 

Weighted-average remaining life

 

 

1.8

years

Weighted-average discount rate

 

 

12.99

%

 

Summary of Lease Costs

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

 

 

 

 

 

 

 

Year Ended

 

 

December 31, 2019

Facilities

 

 

 

Operating lease cost

 

$

2,592

Cash paid for operating lease

 

$

2,645

 

Summary of Undiscounted Cash Payment Obligations for Operating Lease Liabilities

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

 

 

 

 

 

Years Ending December 31, 

 

 

 

2020

 

$

3,065

2021

 

 

2,183

Total undiscounted operating lease payments

 

 

5,248

Imputed interest expenses

 

 

(564)

Total operating lease liabilities

 

 

4,684

Less: Current portion of operating lease liability

 

 

2,608

Operating lease liability, net of current portion

 

$

2,076