Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases  
Schedule of future minimum lease payments, excluding expense reimbursements, under noncancelable operating leases

The following table presents information about the amount and timing of the liability arising from the Company’s operating lease as of September 30, 2020 ($ in thousands):

 

 

 

 

 

 

 

 

Operating Lease

 

Maturity of Lease Liability

 

Liability

 

2020

    

$

52

 

2021

 

 

207

 

2022

 

 

207

 

2023

 

 

207

 

Thereafter

 

 

433

 

Total undiscounted operating lease payments

 

$

1,106

 

Less: Imputed interest

 

 

(272)

 

Present value of operating lease liability

 

$

834

 

 

 

 

 

 

Weighted average remaining lease term

 

 

5.3 years

 

Weighted average discount rate

 

 

11.0

%