Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2020
Operating Leased Assets [Line Items]  
Summary of Contractual Obligations

The following table summarizes our contractual obligations as of September 30, 2020 (in thousands):

 

 

 

Total

 

 

Less than 1 year

 

 

1-3 years

 

 

3-5 years

 

 

More than 5 years

 

Vancouver office operating lease

 

$

150

 

 

$

16

 

 

$

129

 

 

$

5

 

 

$

 

Seattle office operating lease

 

$

62

 

 

$

37

 

 

$

25

 

 

$

 

 

$

 

Total

 

$

212

 

 

$

53

 

 

$

154

 

 

$

5

 

 

$

 

Summary of Other Information Related to Leases

 

Other information related to leases was as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

Supplemental Cash Flows Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

47

 

 

$

42

 

 

$

137

 

 

$

133

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

 

 

 

 

 

 

 

455

 

 

Weighted Average Remaining Lease Term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

1.75 years

 

 

2.36 years

 

 

1.75 years

 

 

2.36 years

 

 

Weighted Average Discount Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

9.9

%

 

 

9.9

%

 

 

9.9

%

 

 

9.9

%

 

Vancouver Office Operating Lease [Member]  
Operating Leased Assets [Line Items]  
Summary of Future Minimum Annual Lease Payments

Future minimum lease payments under the Vancouver lease are as follows (in thousands):

 

2020

 

 

16

 

2021

 

 

64

 

2022

 

 

65

 

2023

 

 

5

 

Total

 

$

150

 

Seattle Office Operating Lease [Member]  
Operating Leased Assets [Line Items]  
Summary of Future Minimum Annual Lease Payments

The future minimum annual lease payments under the Seattle Lease are as follows (in thousands):

 

2020

 

 

37

 

2021

 

 

25

 

Total

 

$

62