Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Lease cost
Lease related costs were as follows (in thousands):
Three Months Ended March 31,
  2020 2019
Finance lease costs:
Amortization of right-of-use assets $ 54    $ 54   
Interest on lease obligations —    4   
Finance lease costs 54    58   
Operating lease cost 1,068    1,178   
Short-term lease cost (1)
31    —   
Sublease income (55)   (211)  
Total lease cost $ 1,098    $ 1,025   
(1) Short-term lease costs on leases with terms of over one month and less than one year.
Other information related to non-cancellable finance leases and operating leases under non-cancellable subleases as of March 31, 2020 was as follows:
Operating Leases Finance Leases
Weighted-average remaining lease term (in years) 7.4 years 0.1 years
Weighted-average discount rate 6.6  % 5.0  %
Cash paid for amounts included in the measurement of lease obligations was as follows (in thousands):
Three Months Ended March 31,
2020 2019
Operating cash flows from operating leases $ 354    $ 812   
Operating cash flows from finance leases $ —    $ 5   
Financing cash flows from finance leases $ 51    $ 59   
Operating lease maturity
As of March 31, 2020, our maturity analysis of annual undiscounted cash flows of the non-cancellable finance and operating leases are as follows (in thousands):
Years ending December 31, Finance Leases Operating Leases
2020 (remaining 9 months) $ 9    $ 2,462   
2021 —    4,197   
2022 —    4,285   
2023 —    4,589   
2024 —    4,726   
2025 and thereafter —    13,494   
Total minimum lease payments 9    33,753   
Less: imputed interest —    (7,619)  
Lease Obligations $ 9    $ 26,134   
Finance lease liability
As of March 31, 2020, our maturity analysis of annual undiscounted cash flows of the non-cancellable finance and operating leases are as follows (in thousands):
Years ending December 31, Finance Leases Operating Leases
2020 (remaining 9 months) $ 9    $ 2,462   
2021 —    4,197   
2022 —    4,285   
2023 —    4,589   
2024 —    4,726   
2025 and thereafter —    13,494   
Total minimum lease payments 9    33,753   
Less: imputed interest —    (7,619)  
Lease Obligations $ 9    $ 26,134   
Schedule of supply and service commitments
The following table provides quantitative data regarding our other commitments. Future minimum payments reflect amounts that we expect to pay including potential obligations under services agreements subject to risk of cancellation by us (in thousands):
Other Commitment Agreement Type Agreement Date Future Minimum Payment
Manufacture and supply agreement with expected future payment date of December 2022 April 2016    $ 847   
Development and manufacturing services agreements September 2019    5,084   
Total other commitments $ 5,931