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Leases
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Leases

5. Leases

The Company has historically entered into lease arrangements for its facilities. As of June 30, 2020, the Company had three operating leases with required future minimum payments. The Company’s leases generally do not include termination or purchase options.

Operating Leases

The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Company’s operating leases for the three and six months ended June 30, 2020:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2020

 

 

June 30, 2020

 

Operating Leases

 

 

 

 

 

 

 

 

Lease Cost

 

 

 

 

 

 

 

 

Operating lease cost

 

$

165

 

 

$

330

 

Short-term lease cost

 

 

1

 

 

 

4

 

Variable lease cost

 

 

39

 

 

 

92

 

Total lease cost

 

$

205

 

 

$

426

 

 

 

 

June 30, 2020

 

Other Operating Lease Information

 

 

 

 

Operating cash flows used for operating leases

 

$

335

 

Weighted-average remaining lease term

 

1.37 years

 

Weighted-average discount rate

 

 

7.6

%