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Leases (Tables)
 6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Summary of Operating and Financing Leases

The following table summarizes the Company’s operating and financing leases as of and for the six months ended June 30, 2019:

 

(in thousands)    U.S.     Ireland     Total  

Lease cost

       

Operating lease cost

    $ 475     $ 112     $ 587  

Financing lease cost

      19       —         19  

Sublease income

      (215 )      (93 )      (308 ) 
  

 

 

    

 

 

    

 

 

  

Total

    $ 279     $ 19       298  
  

 

 

    

 

 

    

 

 

  

Other information

       

Operating cash flows out from operating leases

      (516 )      (112 )      (628 ) 

Operating cash flows in from operating leases

      215       93       308  

Operating cash flows from financing leases

      (24 )      —         (24 ) 

Right-of-use assets exchanged for new operating lease liabilities

      874       —         874  

Weighted average remaining lease term

      1.7       2.1    

Weighted average discount rate—operating leases

      8 %      8 %   
Schedule of Maturity of Operating Leases Excluding Short-Term Leases

Maturities of the Company’s operating leases, excluding short-term leases, are as follows:

 

(in thousands)    U.S.     Ireland     Total  

Six months ended December 31, 2019

    $ 472     $ 107     $ 579  

Year ended December 31, 2020

      936       213       1,149  

Year ended December 31, 2021

      190       124       314  
  

 

 

    

 

 

    

 

 

  

Total

      1,598       444       2,042  

Less present value discount

      (108 )      (36 )      (144 ) 
  

 

 

    

 

 

    

 

 

  

Operating lease liabilities included in the condensed consolidated balance sheets at June 30, 2019

    $ 1,490     $ 408     $ 1,898