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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases  
Schedule of maturity of lease payments

The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s operating leases as of June 30, 2019.

 

 

 

 

 

Maturity of Lease Payments

    

June 30, 2019

(in thousands)

 

 

 

‑2019 (remaining)

 

$

1,661

‑2020

 

 

2,039

‑2021

 

 

1,590

‑2022

 

 

701

‑2023

 

 

520

-Thereafter

 

 

3,422

Total undiscounted operating lease payments

 

 

9,933

Less imputed interest

 

 

(2,880)

Present value of operating lease liabilities

 

$

7,053

 

Schedule of balance sheet classification of lease liabilities

 

 

 

 

Current lease liabilities (recorded in Accrued expenses and other current liabilities)

    

$

2,041

Long-term lease liabilities

 

 

5,012

Total operating lease liabilities

 

$

7,053

 

Schedule of other information of operating leases

 

 

 

 

Weighted-average remaining term for operating leases

    

6.9

years

Weighted -average discount rate for operating leases

 

8.81

%

 

Schedule of future commitments under operating leases

As of December 31, 2018, future commitments under operating leases, in accordance with legacy lease accounting standards, are summarized as follows:

 

 

 

 

 

Years ended December 31, 

    

Amount

(in thousands)

 

  

 

‑2019

 

$

2,952

‑2020

 

 

2,055

‑2021

 

 

1,619

‑2022

 

 

684

‑2023

 

 

498

Thereafter

 

 

3,422

Total

 

$

11,230