XOMA Royalty Corporation Quarterly report pursuant to Section 13 or 15(d)

Lease Agreements (Tables)

3 Months Ended

Mar. 31, 2020

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

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


	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	%