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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Lessee Disclosure [Abstract]  
Schedule of Leases Leases consisted of the following (in thousands):

 

Leases

 

Balance Sheet Line Item

 

September 30, 2020

 

 

December 31, 2019

 

Assets

 

 

 

 

 

 

 

 

 

 

Operating lease assets

 

Right of use asset

 

$

6,013

 

 

$

1,963

 

Total leased assets

 

 

 

$

6,013

 

 

$

1,963

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Current - Operating

 

Operating lease liability- current

 

$

700

 

 

$

611

 

Noncurrent - Operating

 

Operating lease liability- noncurrent

 

 

5,574

 

 

 

1,497

 

Total leased liabilities

 

 

 

$

6,274

 

 

$

2,108

 

 

Lease Cost

 

Classification

 

For the Three

Months Ended

September 30, 2020

 

 

For the Three

Months Ended

September 30, 2019

 

 

For the Nine

Months Ended

September 30, 2020

 

 

For the Nine

Months Ended

September 30, 2019

 

Operating lease cost

 

SG&A and R&D Expenses

 

$

261

 

 

$

177

 

 

$

745

 

 

$

529

 

Short term lease cost (1)

 

R&D Expenses

 

 

109

 

 

 

45

 

 

 

303

 

 

 

138

 

Short term lease cost

 

SG&A Expenses

 

 

 

 

 

 

 

 

3

 

 

 

 

Sublease income (2)

 

SG&A and R&D Expenses

 

 

(12

)

 

 

(13

)

 

 

(34

)

 

 

(40

)

Net lease cost

 

 

 

$

358

 

 

$

209

 

 

$

1,017

 

 

$

627

 

 

(1)

Short term lease cost included in R&D expenses consists primarily of field trial lease agreements with a lease term of 12 months or less.

(2)

Sublease income is recorded as a credit to lease expense.

 

Lease Term

and Discount Rate

 

September 30, 2020

 

 

December 31, 2019

 

Weighted-average remaining

   lease term (years)

 

 

5.8

 

 

 

2.6

 

Weighted-average discount rate

 

 

6.6

%

 

 

7.0

%