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LEASES (Tables)
6 Months Ended
Jun. 30, 2020
LEASES  
Schedule of Maturity Analysis of the Operating Lease Liabilities

    

Operating lease

Years ending December 31, (in thousands)

    

Obligation

2020

$

285

2021

 

581

2022

 

595

2023

 

606

2024

 

622

2025 and thereafter

 

2,873

Total undiscounted lease payments

 

5,562

Less imputed interest

 

(669)

Lease liability

$

4,893

Right-of-use asset

$

4,893

Schedule of Lease Cost

    

Three months ended June 30,

Six months ended June 30,

     

2020

2019

2020

    

2019

Lease cost

Operating lease cost

$

133

$

125

$

261

$

244

Short-term lease cost

 

6

6

12

 

12

Total lease cost

$

139

$

131

$

273

$

256

Other information

Operating cash outflows from operating leases

$

261

Weighted-average remaining lease term - operating leases

 

9.3 years

Weighted average discount rate - operating leases

 

2.8

%