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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Schedule that reconciles the undiscounted lease liabilities to the total lease liabilities recognized on the unaudited consolidated balance sheet

The following table reconciles the undiscounted lease liabilities to the total lease liabilities recognized on the consolidated balance sheet as of December 31, 2019 (in thousands):

 

 

 

 

 

 

 

 

As of

 

 

 

December 31,

 

2020

 

 

32

 

2021

 

 

32

 

2022

 

 

32

 

2023

 

 

32

 

2024

 

 

16

 

Total lease payments

 

$

144

 

Less effect of discounting

 

 

(28)

 

 Total

 

$

116

 

Short-term portion

 

 

(22)

 

Long-term portion

 

$

94

 

 

Schedule of ASC 840 future minimum lease payments

Under ASC 840 disclosure requirements, prior to the adoption of ASC 842, the future minimum lease payments at December 31, 2018 were as follows (in thousands):

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2019

 

$

57

 

Total minimum payments

 

$

 57

 

 

 

 

 

 

 

Schedule of future minimum payments of other commitments

As of December 31, 2019, future minimum payments under the agreement, which is cancellable annually at the end of each research year, are as follows (in thousands):

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2020

 

$

220

 

2021

 

 

220

 

2022

 

 

220

 

 

 

 

660

 

 

Head Quarters in Boston Lease [Member]  
Schedule that reconciles the undiscounted lease liabilities to the total lease liabilities recognized on the unaudited consolidated balance sheet

Future minimum lease payments at December 31, 2019 were as follows under the New Boston Lease (in thousands):

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2020

 

$

204

 

2021

 

 

21

 

Total minimum payments

 

$

225