Leases (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Cost Components of Operating Lease

The cost components of our operating lease were as follows for the period ended March 31, 2019:

Lease Cost
Operating lease expense	$	109
Variable lease expense⁽¹⁾		179
Lease Term and Discount Rate
Remaining lease term (years)	3
Discount rate		3.75	%

⁽¹⁾

Variable lease costs are payments that vary because of changes in facts or circumstances and include common area maintenance and property taxes related to the premises. Variable lease costs are excluded from the calculation of minimum lease payments.

Future Minimum Lease Payments

Future minimum lease payments as of March 31, 2019 were as follows:

Year ending December 31:
2019 (remainder of the year)	$	466
2020		621
2021		587
2022		140
Total future minimum lease payments	$	1,814
Less: imputed interest		(78	)
Less: future lease incentives reasonably certain of use		(432	)
Present value of lease liabilities	$	1,304