Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2019

Commitments And Contingencies Disclosure [Abstract]

Summary of Right of Use Asset and Lease Liabilities Related to Operating Leases

As of June 30, 2019, the right of use asset and lease liabilities related to operating leases were as follows (in thousands):

	June 30,
	2019
Lease assets	$	525
Lease liabilities - Current	$	499
Lease liabilities - Non-Current		34
Total lease liabilities	$	533

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):

	Six Months Ended
	June 30, 2019
Operating lease cost (1)	$	331
Cash paid for operating leases (1)	$	345
Lease assets obtained in exchange for operating lease liabilities (2)	$	839
Weighted average remaining term for operating leases	0.88 years
Weighted average discount rate for operating leases		6.0	%

(1) Operating lease cost and Cash paid for operating leases for the three months ended June 30, 2019 were $0.2 million and $0.2 million, respectively.

(2) Represents the amount for operating leases existing on January 1, 2019. There were no new leases that commenced in six months ended June 30, 2019.

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 June 30, 2019, the aggregate future minimum lease payments under operating leases consist of the following (in thousands):

Year Ending December 31,	Amount
2019 (remaining six months)	$	344
2020		201
Total		545
Less effects of discounting		(12	)
Lease liabilities recognized	$	533