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Leases (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2019:

 

(in thousands)    U.S.     Ireland     Total  

Lease cost

       

Operating lease cost

    $ 592     $ 160     $ 752  

Financing lease cost

      32       —         32  

Sublease income

      (215 )      (133 )      (348 ) 
  

 

 

    

 

 

    

 

 

  

Total

    $ 409     $ 27       436  
  

 

 

    

 

 

    

 

 

  

Other information

       

Operating cash flows out from operating leases

      (634 )      (160 )      (794 ) 

Operating cash flows in from operating leases

      215       133       348  

Operating cash flows from financing leases

      (235 )      —         (35 ) 

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

      874       —         874  

Weighted average remaining lease term

      1.4       1.8    

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  

Nine months ended December 31, 2019

    $ 129     $ 51     $ 180  

Year ended December 31, 2020

      498       203       701  

Year ended December 31, 2021

      79       119       198  
  

 

 

    

 

 

    

 

 

  

Total

      706       373       1,079  

Less present value discount

      (40 )      (27 )      (67 ) 
  

 

 

    

 

 

    

 

 

  

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

    $ 666     $ 346     $ 1,012