XML 88 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Lease, Cost
For the three months ended March 31, 2020 and 2019 the components of lease costs were as follows (in thousands):
 
March 31,
 
March 31,
 
2020
 
2019
Operating lease expense
$
472

 
$
341

Variable lease expense
199

 
203

Short-term lease expense
2

 
8

Total lease expense
$
673

 
$
552


The following summarizes additional information related to operating leases:
 
March 31,
 
December 31,
Operating leases:
2020
 
2019
Weighted-average remaining lease term
8.0 years

 
0.3 years

Weighted-average discount rate
8.9
%
 
10.0
%

The following information represents supplemental disclosure for the statement of cash flows related to operating leases (in thousands):
 
March 31,
 
March 31,
Operating leases:
2020
 
2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
       Operating cash flows from operating leases
$
487

 
$
363


Schedule of Lessee, Operating Lease, Liability, Maturity
The maturity of the Company's operating lease liabilities as of March 31, 2020 and December 31, 2019 were as follows (in thousands):
 
March 31,
 
December 31,
Operating leases:
2020
 
2019
2020 (remainder)
$
1,943

 
$
375

2021
1,811

 

2022
1,865

 

2023
1,921

 

2024
1,979

 

Thereafter
7,027

 

     Total future minimum lease payments
$
16,546

 
$
375

Less imputed interest
4,681

 
3

     Total operating lease liabilities
$
11,865

 
$
372

Included in the condensed consolidated balance sheet:
 
 
 
Current operating lease liabilities
$
1,425

 
$
372

Non-current operating lease liabilities
10,440

 

Total operating lease liabilities
$
11,865

 
$
372