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Facilities Leases
6 Months Ended
Jun. 30, 2018
Leases [Abstract]  
Facilities Leases
7. Facilities Leases

 

The Company recognized facilities lease expenses of $18 and $17 for the three months ended June 30, 2018 and 2017, respectively. The Company recognized facilities lease expenses of $35 and $34 for the six months ended June 30, 2018 and 2017, respectively.

 

On September 23, 2014, the Company entered into a 36-month lease agreement for office space for the sales and marketing team located in Menlo Park, CA. The lease term commenced February 1, 2015 and was effective through January 31, 2018. Payments required under the terms of the lease were $17.0 per month from February 2015 to January 2016, $17.5 per month from February 2016 to January 2017, and $18.0 per month from February 2017 to January 2018. The Company anticipates no future lease payments for the year ended December 31, 2018. On July 15, 2015, the Company entered into a 30-month sublease agreement for the Menlo Park office space, which commenced August 1, 2015 and was effective through the term of the lease, January 31, 2018. Payments required to the Company under the terms of the sublease were $15.5 per month from August 2015 to July 2016, $16.0 per month from August 2016 to July 2017, and $16.5 per month from August 2017 to January 2018. The Company anticipates receipt of no future payments for the year ended December 31, 2018.