Quarterly report pursuant to Section 13 or 15(d)

Commitments (Tables)

v3.19.3
Commitments (Tables)
9 Months Ended
Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]  
Schedule of ROU Assets and Liabilities Related to Lease and First Lease Amendment

As of September 30, 2019, the Company’s ROU assets and liabilities related to the Lease and the First Lease Amendment are as follows (in thousands):

 

ROU assets (included in other assets)

 

$

355

 

 

 

 

 

 

Current portion of lease liabilities

 

$

439

 

Lease liabilities, less current portion

 

 

 

Total lease liabilities

 

$

439

 

Schedule of Undiscounted Cash Flows for Operating Lease Liabilities Recorded in Balance Sheet

The following table reconciles the undiscounted cash flows for the periods presented below to the operating lease liabilities recorded in the condensed balance sheet as of September 30, 2019 (in thousands):

 

Remaining in 2019

 

$

111

 

2020

 

 

351

 

Total lease payments

 

 

462

 

Present value adjustment

 

 

(23

)

Total lease liabilities

 

$

439

 

Schedule of Rent Expense

Rent expense was as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Operating lease

 

$

94

 

 

$

94

 

 

$

283

 

 

$

283

 

Short-term leases

 

 

14

 

 

 

12

 

 

 

51

 

 

 

16

 

Total

 

$

108

 

 

$

106

 

 

$

334

 

 

$

299