Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
Commitments and Contingencies.  
Schedule of balance sheet information related to leases

 

 

 

 

 

 

 

 

 

    

September 30, 2019

    

December 31, 2018

 

Operating Leases

 

 

  

 

 

  

 

Operating lease right-of-use assets

 

$

5,552

 

$

 —

 

Other current liabilities

 

 

591

 

 

 —

 

Operating lease liabilities

 

 

7,954

 

 

 —

 

Total operating lease liabilities

 

$

8,545

 

$

 —

 

 

 

 

 

 

 

 

 

Finance Leases

 

 

 

 

 

 

 

Property and equipment, at cost

 

$

45

 

$

59

 

Accumulated depreciation

 

 

(23)

 

 

(29)

 

Property and equipment, net

 

 

22

 

 

30

 

Other current liabilities

 

 

 9

 

 

10

 

Other long-term liabilities

 

 

14

 

 

20

 

Total finance lease liabilities

 

$

23

 

$

30

 

 

Schedule of components of lease expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

    

2019

    

2018

Operating lease costs:

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease rental expense

 

$

310

 

$

213

 

$

886

 

$

1,011

Other income

 

 

(358)

 

 

 —

 

 

(987)

 

 

 —

Total operating lease costs

 

$

(48)

 

$

213

 

$

(101)

 

$

1,011

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance lease costs:

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

 

2

 

 

3

 

 

8

 

 

9

Interest on lease liabilities

 

 

 —

 

 

 —

 

 

1

 

 

2

Total finance lease costs

 

$

 2

 

$

 3

 

$

 9

 

$

11

 

Schedule of cash flow information

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

September 30, 

 

    

2019

    

2018

Cash paid for amounts included in the measurement of lease liabilities

 

 

  

 

 

  

Operating cash flows from operating leases

 

$

(18)

 

$

(1,011)

Operating cash flows from finance leases

 

 

 —

 

 

 —

Financing cash flows from finance leases

 

 

(10)

 

 

(10)

 

Schedule of maturities of operating lease liabilities

 

 

 

 

 

 

 

 

    

Operating Leases

 

Financing Leases

2019 (October 1 - December 31)

 

$

335

 

$

 3

2020

 

 

1,352

 

 

10

2021

 

 

1,376

 

 

 8

2022

 

 

1,401

 

 

 4

2023

 

 

1,425

 

 

 —

2024 and beyond

 

 

6,586

 

 

 —

Total minimum lease payments

 

$

12,475

 

$

25

Interest Expense

 

 

(3,930)

 

 

(2)

Lease liability

 

$

8,545

 

$

23

 

Schedule of maturities of financing lease liabilities

 

 

 

 

 

 

 

 

    

Operating Leases

 

Financing Leases

2019 (October 1 - December 31)

 

$

335

 

$

 3

2020

 

 

1,352

 

 

10

2021

 

 

1,376

 

 

 8

2022

 

 

1,401

 

 

 4

2023

 

 

1,425

 

 

 —

2024 and beyond

 

 

6,586

 

 

 —

Total minimum lease payments

 

$

12,475

 

$

25

Interest Expense

 

 

(3,930)

 

 

(2)

Lease liability

 

$

8,545

 

$

23

 

Schedule of expected sublease inflows

 

 

 

 

 

    

Sublease

2019 (October 1 - December 31)

 

$

269

2020

 

 

1,078

2021

 

 

943

2022

 

 

 —

2023

 

 

 —

2024 and beyond

 

 

 —

Total minimum lease payments

 

$

2,290

 

Schedule of lease term and discount rates

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 

 

 

2019

 

2018

Weighted average remaining lease term (years)

 

 

 

 

 

 

Operating leases

 

 

 9

 

 

10

Finance leases

 

 

 2

 

 

 3

Weighted average discount rate

 

 

 

 

 

 

Operating leases

 

 

9.2%

 

 

0.0%

Finance leases

 

 

6.5%

 

 

6.5%