LEASES

12 Months Ended

Dec. 31, 2019

LEASES

LEASES

11. LEASES

The following table summarizes our lease assets and liabilities as of December 31, 2019:

ROU Assets and Liabilities	Balance Sheet Location	Operating
ROU - Asset	Right-of-use assets	$	2,035
Lease liabilities (current)	Operating lease liabilities, current		356
Lease liabilities (non-current)	Operating lease liabilities, non-current		1,683

The following table summarizes our lease related costs for the twelve months ended December 31, 2019:

Lease Cost	Statement of Operations Location	Operating
Operating Lease Cost	General and administrative	$	81
Total Lease Cost		$	81

Average lease terms and discount rates for the Company’s operating leases were as follows:

	Year Ended
	December 31,
Other Information	2019
Weighted-average remaining lease term
Operating leases		4.8 years
Weighted-average discount rate
Operating leases		5.69%

The following table summarizes the maturities of lease liabilities as of December 31, 2019:

Year	Operating
2020	$	462
2021		474
2022		486
2023		497
2024		424
Thereafter		—
Total lease payments		2,343
Less: interest		304
Total lease liabilities	$	2,039