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Leases (Tables)
 12 Months Ended
Dec. 31, 2020
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, 2020 and the balances as of December 31, 2020, including the changes during the year.

 

    Operating lease right-of-use assets  
Operating lease right-of use assets at January 1, 2020   $ 2,101,000  
Amortization of operating lease right-of-use assets     (173,000 )
Addition of operating lease right-of -use asset     71,000  
Write-off of right-of-use asset due to headquarters lease termination     (1,913,000 )
Write-off of right-of-use asset related to other lease terminations     (50,000 )
Operating lease right-of-use assets at December 31, 2020   $ 36,000  

 

    Operating lease liabilities  
Operating lease liabilities at January 1, 2020   $ 3,300,000  
Principal payments on operating lease liabilities     (165,000 )
Addition of operating lease liability     71,000  
Write-off of lease liability related to headquarters lease termination     (3,135,000 )
Write-off of lease liability related to other lease terminations     (35,000 )
Operating lease liabilities at December 31, 2020     36,000  
Less non-current portion     -  
Current portion at December 31, 2020   $ 36,000  
Schedule of Maturities of Operating Leases

As of December 31, 2020, the Company’s operating lease has a weighted-average remaining lease term of 0.8 years and a weighted-average discount rate of 5.0%. The maturity of the operating lease liability is as follows:

 

    As of  
    December 31, 2020  
2021   $ 37,000  
Total operating lease payments     37,000  
Less imputed interest     (1,000 )
Present value of operating lease liabilities   $ 36,000  
Schedule of Financing Lease Right-of-use Assets and Liabilities

The tables below show the beginning balances of the finance lease right-of-use assets and liabilities as of January 1, 2020 and the ending balances as of December 31, 2020, including the changes during the periods. The Company’s finance lease right-of-use assets are included in “Fixed assets, net” on the accompanying consolidated balance sheet.

 

    Finance lease right-of-use
assets		  
Initial measurement at January 1, 2020   $ 41,000  
Less depreciation of Finance lease right-of-use assets     (21,000 )
Finance lease right-of-use assets at December 31, 2020   $ 20,000  

 

    Finace lease
liabilities		  
Initial measurement at January 1, 2020   $ 41,000  
Less principal payments on Finance lease liabilities     (19,000 )
Finance lease liabilities as of December 31, 2020     22,000  
Less non-current portion     -  
Current portion at December 31, 2020   $ 22,000  
Schedule of Maturities of Financing Leases

The maturities of the finance lease liabilities are as follows:

 

    As of  
    December 31, 2020  
2021     22,000  
Total Finance lease payments     22,000  
Less imputed interest     -  
Present value of Finance lease liabilities   $ 22,000