Annual report pursuant to Section 13 and 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.20.4
Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Adjustments Made to Accounts on Condensed Consolidated Balance Sheet

As a result of applying the modified retrospective method to adopt the lease guidance, the following adjustments were made to accounts on the condensed consolidated balance sheet at January 1, 2019 (in thousands):

 

Balance Sheet

 

December 31, 2018

 

 

Effect of adoption

of ASC 842

 

 

January 1, 2019

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets, non-current

 

$

 

 

$

4,180

 

 

$

4,180

 

Total assets

 

$

 

 

$

4,180

 

 

$

4,180

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

$

 

 

$

976

 

 

$

976

 

Deferred rent1

 

 

525

 

 

 

(525

)

 

 

 

Operating lease liabilities, non-current

 

 

 

 

 

3,729

 

 

 

3,729

 

Total liabilities

 

$

525

 

 

$

4,180

 

 

$

4,705

 

 

 

(1)

Included in Other liabilities on the balance sheet.