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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases  
Summary of the classification of operating leases

A summary of the classification of operating leases on our unaudited condensed consolidated balance sheet as of March 31, 2019 (amounts in thousands):

 

 

 

 

 

 

    

March 31, 2019

Operating lease right-of-use assets

 

$

1,792

Operating lease liability, current (Other accrued expenses)

 

 

582

Operating lease liability, non-current (Other long-term liabilities)

 

$

1,464

 

Schedule of components of lease cost

Components of lease cost reflected in our unaudited condensed consolidated statement of operations for the three months ended March 31, 2019 (amounts in thousands):

 

 

 

 

 

 

    

Three Months Ended

 

 

March 31, 2019

Operating lease cost

 

$

155

Short-term lease cost

 

 

49

Total lease cost

 

$

204

 

Schedule of lease term and discount rate

A summary of weighted-average remaining lease term and weighted-average discount rate as of March 31, 2019:

 

 

 

 

 

Weighted-average remaining lease term

 

3.9

years

Weighted average discount rate

 

7.2

%

 

Schedule of supplemental cash flow and other non-cash information

Supplemental cash flow and other non-cash information for the three months ended March 31, 2019 (amounts in thousands):

 

 

 

 

 

Operating cash flows from operating leases

 

$

139

Operating lease right-of-use assets obtained in exchange for new operating lease liabilities

 

 

 —

 

Schedule of Future annual minimum lease commitments

Future annual minimum lease commitments as of March 31, 2019 were as follows (amounts in thousands):

 

 

 

 

 

 

    

March 31, 2019

Remainder of 2019

 

$

603

2020

 

 

533

2021

 

 

516

2022

 

 

396

2023

 

 

302

Total minimum payments

 

$

2,350

Less: amount representing interest

 

 

(304)

Lease liability

 

$

2,046

 

The Company adopted ASU 2016-02 on January 1, 2019 as noted above, and as required, the future annual minimum lease commitments as of December 31, 2018 are provided below (in thousands):

 

 

 

 

 

 

    

December 31, 2018

2019

 

$

1,571

2020

 

 

367

2021

 

 

350

2022

 

 

355

2023

 

 

302

Total minimum payments

 

$

2,945