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Lease (Tables)
9 Months Ended
Sep. 30, 2020
Lessee Disclosure [Abstract]  
Summary of Present Value Assumptions used in Calculating Present Value of Lease Payments For the three and nine months ended September 30, 2019, the Company’s operating lease expense was $0.2 million and $0.5 million, respectively. The present value assumptions used in calculating the present value of the lease payments were as follows:

 

 

 

 

September 30,

 

 

December 31,

 

 

 

 

2020

 

 

2019

 

Weighted-average remaining lease term

 

 

2.58 years

 

 

3.33 years

 

Weighted-average discount rate

 

 

 

6.0

%

 

 

6.0

%

 

Schedule of Maturity of Operating Lease Liabilities

The maturity of the Company’s operating lease liabilities as of September 30, 2020 were as follows (in thousands):

 

Year

Undiscounted lease payments

 

Remaining in 2020

$

145

 

2021

 

596

 

2022

 

614

 

2023

 

209

 

Total undiscounted lease payments

$

1,564

 

Less imputed interest

 

(120

)

Total operating lease liability

$

1,444

 

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information related to operating leases was as follows (in thousands):

 

 

 

 

Nine Months Ended September 30,

 

 

 

 

2020

 

 

2019

 

Cash paid for leases that were

   included in operating cash outflows

 

 

$

433

 

 

$

420