Financial Commitments & Contingencies and Key License Agreements (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Assets And Liabilities, Leases

“Facility and equipment under lease” consists of the following:

	December 31, 2019		December 31, 2018
Office and research facilities	$	3,391	$	—
Office equipment	415		—
Facility and equipment under lease	$	3,806	$	—

The below table summarizes these lease asset and liability accounts presented on our accompanying Consolidated Balance Sheets:

Operating Leases*	Consolidated Balance Sheet Caption	December 31, 2019
Operating lease right-of-use assets - non-current	Facility and equipment under lease	$	3,806
Operating lease liabilities - current	Accounts payable and other accrued liabilities	$	1,683
Operating lease liabilities - non-current	Other long-term liabilities	2,372
Total lease liabilities		$	4,055

* As of December 31, 2019, we have no “finance leases” as defined in Topic 842.

Lease, Cost

The components of our aggregate lease expense are summarized below:

	Year Ended December 31, 2019
Operating lease cost	$	1,660
Variable lease cost	470
Short-term lease cost	77
Total lease cost	$	2,207

Weighted Average Remaining Lease Term and Applied Discount Rate

	Weighted Average Remaining Lease Term	Weighted Average Discount Rate
Operating leases as of December 31, 2019	2.5 years	7.8%

Lessee, Operating Lease, Liability, Maturity

The below table summarizes our (i) minimum lease payments over the next five years, (ii) lease arrangement implied interest, and (iii) present value of future lease payments:

Operating Leases - future payments	December 31, 2019
2020	$	1,934
2021	1,671
2022	828
2023	87
2024	—
Total future lease payments, undiscounted	$	4,520
(Less): Implied interest	(465		)
Present value of operating lease payments	$	4,055

Schedule of Future Minimum Rental Payments for Operating Leases

The below is required tabular disclosure for comparative purposes with our current period-end balance sheet date above:

Operating Leases - future payments	December 31, 2018
2019	$	1,486
2020	1,441
2021	1,465
2022	828
2023 and thereafter	87
	$	5,308