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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Information related to Right-of-use Assets and Liabilities

Information related to the Company’s right-of-use assets and related liabilities were as follows (in thousands):

 

 

 

Three Months

Ended,

 

 

 

March 31, 2020

 

Cash paid for operating lease liabilities

 

$

192

 

Right-of-use assets obtained in exchange for new operating

   lease obligations

 

 

 

Weighted-average remaining lease term

 

 

 

Weighted-average discount rate

 

 

0.0

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of March 31, 2020 for leases that have commenced were as follows (in thousands):

 

Due in 12 month period ended March 31,

 

 

 

 

2020

 

$

138

 

2021

 

 

7

 

Thereafter

 

 

 

 

 

$

145

 

Less imputed interest

 

 

(5

)

Total lease liabilities

 

$

140

 

 

 

 

 

 

Current operating lease liabilities

 

 

140

 

Non-current lease liabilities

 

 

 

Total lease liabilities

 

$

140

 

Future minimum rental commitments under lease agreements with non-cancelable Operating Leases

Future minimum rental commitments under lease agreements, as of March 31, 2020, with non-cancelable terms greater than one year for each of the years ending December 31 are as follows (in thousands):

 

 

 

Year Ended

 

 

 

December 31,

 

2020 (nine months)

 

$

217

 

2021

 

 

448

 

2022

 

 

481

 

2023

 

 

492

 

2024

 

 

503

 

2025 and thereafter

 

 

462

 

Total future minimum lease obligations

 

$

2,603