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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases  
Schedule of future lease payments

The undiscounted future non-cancellable lease payments under the Company’s operating leases were as follows (in thousands):

 

 

 

 

 

 

As of September 30, 2019

    

Amount

 

2019 (remaining three months)

    

$

430

    

2020

 

 

1,736

 

2021

 

 

859

 

2022

 

 

50

 

2023

 

 

 —

 

Thereafter

 

 

 —

 

Total undiscounted lease payments

 

 

3,075

 

Less: Present value adjustment

 

 

(162)

 

Total operating lease liabilities

 

 

2,913

 

Less: Current portion of operating lease liabilities

 

 

(1,606)

 

Total operating lease liabilities, net of current portion

 

$

1,307

 

 

As determined under ASC 840, the future minimum rental commitments under the Company’s operating leases at December 31, 2018 were as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

 

Amount

2019

 

$

1,645

2020

 

 

1,701

2021

 

 

846

2022

 

 

47

2023

 

 

 —

Thereafter

 

 

 —

Total minimum lease payments

 

$

4,239

 

Schedule of supplemental information

 

 

 

 

As of September 30, 2019

    

    

    

Weighted-average remaining lease term (years)

    

1.89

 

Weighted-average discount rate

 

6.01

%