XML 46 R29.htm IDEA: XBRL DOCUMENT

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Summary of Present Value Assumptions used in Calculating Present Value of Lease Payments

The present value assumptions used in calculating the present value of the lease payments were as follows:

	December 31,			December 31,
	2020			2019
Weighted-average remaining lease term	2.33 years			3.33 years
Weighted-average discount rate		5.7	%		6.0	%

Schedule of Maturity of Operating Lease Liabilities

The maturity of the Company’s operating lease liabilities as of December 31, 2020 were as follows (in thousands):

Undiscounted lease payments	Operating Leases
2021	$	739
2022		762
2023		259
Total undiscounted lease payments		1,760
Less: imputed interest		(116	)
Total operating lease liability	$	1,644

Schedule of Supplemental Cash Flow Information

Under the terms of the lease agreements, the Company is also responsible for certain variable lease payments that are not included in the measurement of the lease liability. The Company did not incur significant variable lease costs for the years ended December 31, 2020 and 2019.

Supplemental cash flow information for the years ended December 31, 2020 and 2019 related to operating leases was as follows (in thousands):


	Year Ended December 31,
	2020		2019
Cash paid for leases that were included in operating cash outflows	$	602	$	562