Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies [Abstract]

Summary of Leases

The following table summarizes the Company’s leases for the periods presented (in thousands, except lease term and discount rate):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Finance lease cost - interest expense	$	264		$	268		$	800		$	810
Finance lease cost - amortization of right-of-use asset		66			67			200			200
Operating lease cost		104			172			284			551
Sublease income		(46	)		(121	)		(138	)		(364	)
Total lease cost	$	388		$	386		$	1,146		$	1,197
Other information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance lease	$	-		$	-		$	-		$	-
Operating cash flows from operating leases		87			177			240			602
Financing cash flows from finance lease		56			46			160			132
Total cash paid for amounts included in the measurement of lease liabilities	$	143		$	223		$	400		$	734
Right-of-use assets obtained in exchange for new operating lease liabilities	$	-		$	-		$	324		$	1,431
Weighted average remaining lease term—finance lease (years)		8.3			9.3			8.3			9.3
Weighted average remaining lease term—operating leases (years)		2.2			2.8			2.2			2.8
Weighted average discount rate—finance lease		19.1	%		19.1	%		19.1	%		19.1	%
Weighted average discount rate—operating leases		5.0	%		5.0	%		5.0	%		5.0	%

Maturities of Lease Liabilities

The following table summarizes the maturities of lease liabilities at September 30, 2020 (in thousands):

Year ending December 31,	Finance Leases			Operating Leases			Total Leases
2020 (excluding the nine months ended September 30, 2020)	$	319		$	103		$	422
2021		1,080			346			1,426
2022		1,080			279			1,359
2023		1,080			184			1,264
2024		1,080			61			1,141
Thereafter		4,320			-			4,320
Total lease payments	$	8,959		$	973		$	9,932
Less imputed interest		(4,509	)		(73	)		(4,582	)
Total lease liabilities	$	4,450		$	900		$	5,350