Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.2
Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of lease related assets and liabilities
(in thousands)   Classification on the Balance Sheet   June 30, 2019  
Assets            
Operating lease assets   Operating lease right of use assets   $ 1,038  
    Total lease assets   $ 1,038  
Liabilities            
Current liabilities:            
Operating lease liabilities   Current operating lease liabilities   $ 493  
Noncurrent liabilities:            
Operating lease liabilities   Long-term operating lease liabilities   $ 545  
    Total lease liabilities   $ 1,038  
Schedule of operating lease cost

(in thousands)       Three Months Ended June 30, 2019     Six Months Ended June 30, 2018  
Lease cost   Classification                
Operating lease cost   General and administrative expenses   $ 106     $ 337  
    Total lease cost   $ 106     $ 337  

Schedule of cash flow information related to leases
(in thousands)   Six Months Ended
June 30,
2019
 
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows for operating leases   $ 337  
Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets     1,399  
Schedule of weighted average remaining lease terms
    Six Months Ended
June 30,
2019
 
Weighted average remaining lease term - operating leases     1.40 years  
Weighted average discount rate - operating leases     12.00 %
Schedule of future minimum lease payments
Amounts due within twelve months of June 30,   Operating Leases  
    (in thousands)  
2019   $ 929  
2020     735  
2021     112  
Total minimum lease payments     1,776  
Less: effect of discounting     (738 )
Present value of future minimum lease payments     1,038  
Less: current obligations under leases     (493 )
Long-term lease obligations   $ 545