Quarterly report pursuant to Section 13 or 15(d)

Lease Agreements (Tables)

v3.20.1
Lease Agreements (Tables)
3 Months Ended
Mar. 31, 2020
Lease Agreements  
Schedule of maturity of operating lease liabilities

The following table summarizes maturity of the Company’s operating lease liabilities as of March 31, 2020 (in thousands):

 

 

 

 

 

 

 

Operating

Undiscounted lease payments

    

Leases

2020 (excluding three months ended March 31, 2020)

 

$

142

2021

 

 

196

2022

 

 

202

2023

 

 

35

Thereafter

 

 

 —

Total undiscounted lease payments

 

 

575

Present value adjustment

 

 

(43)

Total net lease liabilities

 

$

532

 

Summary of supplemental cash flow information related to operating leases

The following information represents supplemental disclosure for the statement of cash flows related to operating leases (in thousands):

 

 

 

 

 

 

 

March 31, 

 

March 31, 

 

2020

 

2019

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

Operating cash flows under operating leases

$

46

 

$

 649

 

Summary of supplemental related to operating leases

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31,

 

    

2020

 

2019

Weighted-average remaining lease term

 

 

 

 

 

 

Operating leases

 

2.92 years

 

 

3.17 years

 

Weighted-average discount rate

 

 

 

 

 

 

Operating leases

 

5.51

%

 

5.51

%