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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments And Contingencies Disclosure [Abstract]  
Summary of Right of Use Asset and Lease Liabilities Related to Operating Leases

As of March 31, 2019, the right of use asset and lease liabilities related to operating leases were as follows (in thousands):

 

 

 

March 31,

 

 

 

2019

 

Lease assets

 

$

681

 

 

 

 

 

 

Lease liabilities - Current

 

$

617

 

Lease liabilities - Non-Current

 

 

82

 

Total lease liabilities

 

$

699

 

Schedule of Lease Costs and Weighted-Average Assumptions Used in Determining its Lease Assets and Lease Liabilities

The following table summarizes the Company’s lease costs and weighted-average assumptions used in determining its lease assets and lease liabilities (in thousands):

 

 

March 31,

 

 

 

2019

 

Operating lease cost

 

$

164

 

Cash paid for operating leases

 

$

165

 

Lease assets obtained in exchange for operating lease liabilities

 

$

839

 

Weighted average remaining term for operating leases

 

1.11 years

 

Weighted average discount rate for operating leases

 

 

6.0

%

 

Schedule of Aggregate Future Minimum Lease Payments Under Operating Leases

As of December 31, 2018, the aggregate future minimum lease payments under operating leases consist of the following (in thousands):

 

Year Ending December 31,

 

Amount

 

2019

 

$

645

 

2020

 

 

201

 

Total

 

$

846

 

As of March 31, 2019, the aggregate future minimum lease payments under operating leases consist of the following (in thousands):

 

Year Ending December 31,

 

Amount

 

2019 (remaining nine months)

 

$

524

 

2020

 

 

201

 

Total

 

 

725

 

Less effects of discounting

 

 

(26

)

Lease liabilities recognized

 

$

699