Leases (Tables)

3 Months Ended

Mar. 31, 2020

Operating Lease Balance Sheet Presentation

The following table summarizes the presentation in the Company’s unaudited condensed consolidated balance sheets of its operating leases:



	March 31, 2020
Assets:
Operating lease asset	$	285
Liabilities:
Operating lease liability	$	275

Lease Costs

Information related to the Company's operating lease asset and related operating lease liabilities were as follows:



	March 31, 2020
Remaining lease term ⁽¹⁾	0.9 years
Discount rate	16.1	%

⁽¹⁾ Does not include a renewal term beyond February 28, 2021. Renewal terms are included in the lease term when it is reasonably certain that the Company will exercise the option.

The following table summarizes lease costs in the Company’s unaudited condensed consolidated statement of operations:



	Three Months Ended March 31,
	2020		2019
Operating lease costs	$	84	$	84
Short term lease costs	38		6
Variable lease costs	57		84
Total lease costs	$	179	$	174

Schedule of Future Minimum Rental Payments

Maturities of the Company’s lease liability as of March 31, 2020 were as follows:



Years Ending December 31,	Operating Leases ⁽¹⁾
2020 (remaining nine months)	$	235
2021	59
Total	$	294
Less: imputed interest	(19		)
Total lease liability	$	275

Current operating lease liability	$	275

⁽¹⁾Excluded from the table above are the lease payments associated with the Chicago Lease that has not commenced as of the end of the period, which is the date the asset is made available to the Company by the lessor.