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Leases (Tables)
 6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Operating Lease Right-of-use Assets and Liabilities

The tables below show the initial measurement of the operating lease right-of-use assets and liabilities as of January 1, 2019 and the balances as of June 30, 2019, including the changes during the periods.

 

  

Operating lease

right-of-use
assets

 
Initial measurement at January 1, 2019  $3,458,000 
Less tenant improvement allowance   (1,122,000)
Net right-of-use assets at January 1, 2019   2,336,000 
Initial measurement of new operating lease right-of-use-assets   53,000 
Less amortization of operating lease right-of-use assets   (144,000)
Operating lease right-of-use assets at June 30, 2019  $2,245,000 

 

  

Operating lease
liabilities

 
Initial measurement at January 1, 2019  $3,458,000 
Initial measurement of new operating lease liabilities   53,000 
Less principal payments on operating lease liabilities   (58,000)
Operating lease liabilities at June 30, 2019   3,453,000 
Less non-current portion   (3,090,000)
Current portion at June 30, 2019  $363,000 
Schedule of Maturities Operating Leases

The maturities of the operating lease liabilities are as follows:

 

   As of 
   June 30, 2019 
2019  $279,000 
2020   633,000 
2021   620,000 
2022   634,000 
2023   655,000 
Thereafter   1,601,000 
Total operating lease payments   4,422,000 
Less imputed interest   (969,000)
Present value of operating lease liabilities  $3,453,000 
Schedule of Financing Lease Right-of-use Assets and Liabilities

The Company’s financing lease right-of-use assets are included in “Fixed assets, net” on the accompanying consolidated balance sheet.

 

  

Financing lease

right-of-use
assets

 
Initial measurement at January 1, 2019  $80,000 
Less depreciation of financing lease right-of-use assets   (28,000)
Financing lease right-of-use assets at June 30, 2019  $52,000 

 

  

Financing lease
liabilities

 
Initial measurement at January 1, 2019  $86,000 
Less principal payments on financing lease liabilities   (30,000)
Financing lease liabilities as of June 30, 2019   56,000 
Less non-current portion   (31,000)
Current portion at June 30, 2019  $25,000 
Schedule of Maturities Financing Leases

The maturities of the financing lease liabilities are as follows:

 

   As of 
   June 30, 2019 
2019  $16,000 
2020   23,000 
2021   21,000 
Total financing lease payments   60,000 
Less imputed interest   (4,000)
Present value of financing lease liabilities  $56,000