The Company has operating leases for the LENSAR Laser System. The Company’s leases have remaining lease terms of less than one year to four years. Lease revenue for the three and nine months ended September 30, 2020 and 2019 was as follows:

Three Months ended

September 30,

Nine Months Ended

September 30,

2020

2019

2020

2019

Lease revenue

1,073

1,113

2,519

3,173

The Company has an operating lease for its corporate office and manufacturing facility. On August 20, 2020, the Company amended its lease pursuant to which the term of the lease was extended through November 30, 2027 commencing on September 1, 2020. The lease amendment constitutes a modification as it extends the original lease term, which requires evaluation of the remeasurement of the lease liability and corresponding right-of-use-asset. The reassessment resulted in continuing to classify the lease as an operating lease and remeasurement of the lease liability on the basis of the extended lease term and the incremental borrowing rate at the effective date of modification of 10%. The remeasurement for the modification resulted in an increase to the lease liability and the right-of-use-asset of $3,320.

Following the change, the Company's maturities of lease liabilities as of September 30, 2020 were as follows:

Fiscal Year	Amount
Remainder of 2020	$	43
2021		522
2022		537
2023		552
2024 and thereafter		2,309
Total operating lease payments		3,963
Less: imputed interest		(118	)
Total operating lease liabilities	$	3,845