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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Operating lease cost

 

$

543

 

 

$

576

 

Short-term lease cost

 

 

9

 

 

 

8

 

Total lease cost

 

$

552

 

 

$

584

 

Summary of Supplemental Cash Flow Information Related to Company Leases Including Lease Modification

Supplemental cash flow information related to leases, including the lease modification, is as follows:

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Cash paid for amounts included in the measurement

   of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

413

 

 

$

575

 

Right-of-use-assets obtained in exchange for lease

   obligations:

 

 

 

 

 

 

 

 

Operating leases

 

$

3,320

 

 

$

1,390

 

Summary of Operating Lease liabilities

The following table presents the lease balances within the balance sheet, weighted-average remaining lease term, and weighted-average discount rates related to the Company’s operating leases:

 

 

 

 

 

As of December 31,

 

Operating Leases

 

Classification

 

2020

 

 

2019

 

Operating lease ROU assets

 

Other assets

 

$

3,668

 

 

$

853

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

Other current liabilities

 

$

493

 

 

$

555

 

Operating lease liabilities, long-term

 

Long-term operating lease liabilities

 

 

3,314

 

 

 

333

 

Total operating lease liabilities

 

 

 

$

3,807

 

 

$

888

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term

 

 

 

6.9 years

 

 

1.6 years

 

Weighted-average discount rate

 

 

 

 

10.00

%

 

 

6.04

%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2020 are as follows:

 

Fiscal Year

 

Amount

 

2021

 

$

522

 

2022

 

 

537

 

2023

 

 

552

 

2024

 

 

567

 

2025

 

 

582

 

Thereafter

 

 

1,160

 

Total operating lease payments

 

 

3,920

 

Less: imputed interest

 

 

(113

)

Total operating lease liabilities

 

$

3,807

 

Schedule of Lease Revenue . Lease revenue for the years ended December 31, 2020 and 2019 was as follows:

 

 

 

Year ended December 31,

 

 

 

2020

 

 

2019

 

Lease revenue

 

$

3,601

 

 

$

4,181

 

 

Schedule of Equipment Under Lease

Equipment under lease is as follows:

 

 

 

As of December 31,

 

 

 

2020

 

 

2019

 

Equipment under lease

 

$

9,343

 

 

$

6,749

 

Less accumulated depreciation

 

 

(5,760

)

 

 

(5,318

)

Equipment under lease, net

 

$

3,583

 

 

$

1,431

 

Maturities of Operating Lease Payments

Maturities of operating lease payments as of December 31, 2020 are as follows:

 

Fiscal Year

 

Amount

 

2021

 

$

4,187

 

2022

 

 

2,274

 

2023

 

 

1,044

 

2024

 

 

 

2025

 

 

 

Thereafter

 

 

 

Total undiscounted cash flows

 

$

7,505