The following expenses related to our finance and operating leases were included in "general and administrative expenses" within our condensed consolidated statements of operations and comprehensive loss for the six months ended June 30, 2020 and 2019:
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Six Months Ended June 30, |
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|
(in thousands) |
2020 |
|
2019 |
Finance lease costs |
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|
|
Amortization of leased assets |
$ |
58 |
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|
$ |
62 |
|
Interest of lease liabilities |
10 |
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|
12 |
|
Operating lease costs |
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|
|
Operating lease cost |
571 |
|
|
245 |
|
Variable lease cost |
63 |
|
|
101 |
|
Total lease costs |
$ |
702 |
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|
$ |
420 |
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The table below presents lease-related terms and discount rates as of June 30, 2020:
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June 30, 2020 |
Weighted average remaining lease terms |
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Operating leases |
4.3 years |
Finance leases |
2.4 years |
Weighted average discount rate |
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Operating leases |
4.9 |
% |
Finance leases |
6.6 |
% |
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