Leases (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Lease Expense

The components of lease expense for the period are as follows (in thousands):

		Year Ended
Lease Cost	Classification	December 31, 2019 2019
Operating lease cost - Right of Use	Operating expenses	$	804
Operating lease cost - Variable Costs	Operating expenses		173
Finance lease costs
Amortization of leased assets	Amortization and depreciation		15
Interest on lease liabilities	Interest expense		2
Total		$	994

Other information related to leases was as follows (in thousands):

	2019
Cash paid for operating cash flows from operating leases	$	840
Cash paid for operating cash flows from finance leases		2
Cash paid for financing cash flows from finance leases		17

	2019
Weighted-average remaining lease term of operating leases (in years)		3.12
Weighted-average remaining lease term of finance leases (in years)		1.00
Weighted-average discount rate for operating leases		5.6	%
Weighted-average discount rate for finance leases		5.4	%

Summary of Detained Information of Lease Liabilities

Maturities of the Company’s lease liabilities as of December 31, 2019 was as follows (in thousands):

Year Ended December 31:	Operating Leases			Finance Leases			Total
2020		873			13			886
2021		875			—			875
2022		881			—			881
2023		201			—			201
Total lease payments		2,830			13			2,843
Less: imputed interest		(247	)		(1	)		(248	)
Total lease liabilities		2,583			12			2,595
Less: current portion of lease liabilities		(746	)		(12	)		(758	)
Long-term lease liabilities	$	1,837		$	—		$	1,837

Summary of Cumulative Effect of The Changes

The cumulative effect of the changes made to the Company’s consolidated balance sheet for the adoption of Topic 842 were as follows (in thousands):

Selected Balance Sheet	Balance at December 31, 2018		Adjustments Due to ASC 842			Balance at  January 1, 2019
Assets
Operating lease assets	$	—	$	907		$	907
Liabilities
Deferred rent, current portion (within accrued expenses)		92		(92	)		—
Deferred rent, long-term portion (within other long-term liabilities)		27		(27	)		—
Lease payable - current portion		15		780			795
Lease payable, long-term portion		38		179			217