Quarterly report pursuant to Section 13 or 15(d)

Leasing Arrangements (Tables)

v3.20.2
Leasing Arrangements (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Components of lease expense and supplemental information
The components of operating and finance lease expense were as follows for the three and nine months ended September 30, 2020 and 2019, respectively, for continuing operations (in thousands):

Three Months Ended September 30, Nine Months Ended September 30,
2020 2019 2020 2019
Finance lease cost:
Amortization of right-of use assets $ 25  11 59 27
Interest on lease liabilities 3  4  10  9 
Operating lease cost 60  43  176  130 
Short-term lease cost 40  14  85  68 
Variable lease cost 17  29  35  74 
$ 145  $ 101  $ 365  $ 308 

Supplemental cash flow related to leases of the Company's continuing operations was as follows for the three and nine months ended September 30, 2020 and 2019 (in thousands):

Three Months Ended September 30, Nine Months Ended September 30,
2020 2019 2020 2019
Cash paid amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases $ 59  $ 54  $ 175  $ 164 
Financing cash flows used for finance leases 43  11 66  36

Other supplemental information related to leases of the Company's continuing operations was as follows at September 30, 2020 and 2019, respectively:

Nine months ended September 30, 2020 Nine months ended September 30, 2019
Weighted average remaining lease term (in years)
Operating leases 1.31 1.24
Finance leases 3.04 3.97
Weighted average discount rate
Operating leases 8.18  % 7.97  %
Finance leases 8.54  % 9.07  %
Schedule of future estimated minimum lease payments under operating leases At September 30, 2020, future estimated minimum lease payments under non-cancelable operating leases were as follows (in thousands):
Finance
Leases		 Operating
Leases		 Total
2020 (remaining 3 months) $ 22  $ 26  $ 48 
2021 46  24  70 
2022 36  12  48 
2023 36  2  38 
2024 9  —  9 
Total minimum lease payments $ 149  64  213 
Less amount representing interest 17  16  33 
Present value of net minimum obligations 132  48  180 
Less current obligation under finance and operating leases 53  38  91 
Long-term obligation under finance and operating leases $ 79  $ 10  $ 89 
Schedule of future estimated minimum lease payments under finance leases At September 30, 2020, future estimated minimum lease payments under non-cancelable operating leases were as follows (in thousands):
Finance
Leases		 Operating
Leases		 Total
2020 (remaining 3 months) $ 22  $ 26  $ 48 
2021 46  24  70 
2022 36  12  48 
2023 36  2  38 
2024 9  —  9 
Total minimum lease payments $ 149  64  213 
Less amount representing interest 17  16  33 
Present value of net minimum obligations 132  48  180 
Less current obligation under finance and operating leases 53  38  91 
Long-term obligation under finance and operating leases $ 79  $ 10  $ 89