Quarterly report pursuant to Section 13 or 15(d)

Leasing Arrangements (Tables)

v3.20.2
Leasing Arrangements (Tables)
6 Months Ended
Jun. 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 six months ended June 30, 2020 and 2019, respectively, for continuing operations (in thousands):

Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Finance lease cost:
Amortization of right-of use assets $ 13    11 34 16
Interest on lease liabilities        
Operating lease cost 60    44    116    87   
Short-term lease cost 17    29    45    54   
Variable lease cost   15    18    45   
$ 97    $ 103    $ 220    $ 207   
Supplemental cash flow related to leases of the Company's continuing operations was as follows for the three and six months ended June 30, 2020 and 2019 (in thousands):

Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Cash paid amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases $ 59    $ 55    $ 116    $ 110   
Financing cash flows used for finance leases 10    15 23    25

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

Six months ended June 30, 2020 Six months ended June 30, 2019
Weighted average remaining lease term (in years)
Operating leases 1.06 1.49
Finance leases 3.17 4.19
Weighted average discount rate
Operating leases 8.06  % 7.96  %
Finance leases 8.45  % 9.08  %
Schedule of future estimated minimum lease payments under operating leases
At June 30, 2020, future estimated minimum lease payments under non-cancelable operating leases were as follows (in thousands):

Finance
Leases
Operating
Leases
Total
2020 (remaining 6 months) $ 61    $ 76    $ 137   
2021 45    20    65   
2022 35    11    46   
2023 35      37   
2024   —     
Total minimum lease payments $ 184    109    293   
Less amount representing interest 17      22   
Present value of net minimum obligations 167    104    271   
Less current obligation under finance and operating leases 70    93    163   
Long-term obligation under finance and operating leases $ 97    $ 11    $ 108   
Schedule of future estimated minimum lease payments under finance leases
At June 30, 2020, future estimated minimum lease payments under non-cancelable operating leases were as follows (in thousands):

Finance
Leases
Operating
Leases
Total
2020 (remaining 6 months) $ 61    $ 76    $ 137   
2021 45    20    65   
2022 35    11    46   
2023 35      37   
2024   —     
Total minimum lease payments $ 184    109    293   
Less amount representing interest 17      22   
Present value of net minimum obligations 167    104    271   
Less current obligation under finance and operating leases 70    93    163   
Long-term obligation under finance and operating leases $ 97    $ 11    $ 108