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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases  
Schedule of operating lease balance sheet information

 

The following table summarizes the presentation of the Company’s operating leases in its consolidated balance sheets (in thousands):

 

 

 

 

 

 

 

 

 

As of

 

As of

 

    

March 31, 2020

 

December 31, 2019

Assets

 

 

 

 

 

 

Operating lease right-of-use assets

 

$

1,505

 

$

1,620

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Operating lease liabilities, current

 

$

544

 

$

506

Operating lease liabilities, net of current portion

 

 

1,173

 

 

1,321

 Total operating lease liabilities

 

$

1,717

 

$

1,827

 

Schedule of future lease payments

Future minimum lease payments under non-cancelable leases as of March 31, 2020, were as detailed below (in thousands):

 

 

 

 

Fiscal Year

    

As of
March 31, 2020

2020 (remaining 9 months)

 

$

508

2021

 

 

717

2022

 

 

737

2023

 

 

 1

Total undiscounted lease payments

 

 

1,963

Less: imputed interest

 

 

(246)

Total operating lease liabilities

 

$

1,717