7. LEASES (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Impact of ASC Topic 842

The impact of the adoption of ASC Topic 842 on the balance sheet at January 1, 2019 was (in thousands):

 

   As reported December 31, 2018   Adoption of ASC Topic 842   Balance January 1, 2019 
Prepaid expenses and other current assets  $170   $(13)  $157 
Operating lease of right-of-use assets  $–   $295   $295 
Total assets  $19,357   $282   $19,639 
Other current liabilities  $1,611   $129   $1,740 
Long-term liabilities operating leases  $–   $153   $153 
Total liabilities  $1,611   $282   $1,893 
Schedule of lease costs
    Year Ended December 31, 2019  
Fixed lease costs   $ 108  
Variable lease costs     53  
Short term lease costs     31  
Total operating lease costs   $ 192  
Schedule of future minimum lease payments

Future minimum payments under non-cancellable leases as of December 31, 2019 were as follows (in thousands):

 

For the Year Ended December 31,  Amount 
2020  $149 
2021   13 
Total future minimum lease payments   162 
Less imputed interest   (10)
Total lease liability  $152 
Supplemental non-cash actiity related to operating leases

The below table provides supplemental information and non-cash activity related to the Company’s operating leases are as follows (in thousands):

 

  

Year Ended

December 31, 2019

 
Operating cash flow information:     
Cash paid for amounts included in the measurement of lease liabilities  $161 
Non-cash activity:     
Right-of-use assets obtained in exchange for the lease obligations (1)  $295 

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  (1) Represents the initial right-of-use asset valuation of the Los Gatos lease on January 1, 2019