Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2019

Commitments And Contingencies Disclosure [Abstract]

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

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

	September 30,
	2019
Lease assets	$	365
Lease liabilities － Current	$	374
Lease liabilities － Non-Current		—
Total lease liabilities	$	374

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):

	Nine Months Ended
	September 30, 2019
Operating lease cost (1)	$	501
Cash paid for operating leases (1)	$	508
Lease assets obtained in exchange for operating lease liabilities (2)	$	839
Weighted average remaining term for operating leases	0.66 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 September 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 during the nine months ended September 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 September 30, 2019, the aggregate future minimum lease payments under operating leases consist of the following (in thousands):

Year Ending December 31,	Amount
2019 (remaining three months)	$	181
2020		201
Total		382
Less effects of discounting		(8	)
Lease liabilities recognized	$	374