Leases

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Leases

Leases

The Company has operating leases primarily for corporate offices, vehicles, and certain equipment. Such leases do not require any contingent rental payments, impose any financial restrictions, or contain any residual value guarantees. The Company determines if an arrangement is or contains a lease at inception.

The Company subleases one of its leased industrial warehouse spaces. The sublease income from the facility offsets the lease expense associated with the facility. Sublease income for the facility is less than $0.1 million for the three months ended March 31, 2021 and is presented as a reduction to selling, general, and administrative expense on the unaudited condensed consolidated statements of operations in those periods.

Information related to lease costs are as follows (amounts in thousands):

.

	Three Months Ended March 31,
	2021		2020
Operating lease cost	$	335	$	350
Amortization of leased assets	237		239
Depreciation expense on finance lease	8		—
Interest expense on finance lease	3		—

Supplemental balance sheet information related to operating leases is as follows (amounts in thousands, except lease term and discount rate):

	March 31, 2021						December 31, 2020
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Right of use asset	$	3,386		$	181		$	3,623		$	—
Current right of use liability	$	1,210		$	42		$	1,176		$	—
Noncurrent right of use liability	2,637			140			2,960			—
Right of use liability	$	3,847		$	182		$	4,136		$	—
Weighted-average remaining lease term (years)	4.2 years			3.8 years			4.4 years			0 years
Weighted-average discount rate	10.0		%	8.3		%	10.0		%	—		%

Maturities of operating leases liabilities are as follows (amounts in thousands):

Year ending December 31,	Operating Leases		Finance Leases		Total
2021 (excluding the three months ended March 31, 2021)	$	1,151	$	41	1,192
2022	1,566		55		1,621
2023	507		55		562
2024	339		55		394
2025	339		5		344
2026	339		—		339
Thereafter	365		—		365
Total lease payments	4,606		211		4,817
Less: imputed interest	(759)		(29)		(788)
Right of use liability	$	3,847	$	182	$	4,029

Leases

Leases

The Company has operating leases primarily for corporate offices, vehicles, and certain equipment. Such leases do not require any contingent rental payments, impose any financial restrictions, or contain any residual value guarantees. The Company determines if an arrangement is or contains a lease at inception.

The Company subleases one of its leased industrial warehouse spaces. The sublease income from the facility offsets the lease expense associated with the facility. Sublease income for the facility is less than $0.1 million for the three months ended March 31, 2021 and is presented as a reduction to selling, general, and administrative expense on the unaudited condensed consolidated statements of operations in those periods.

Information related to lease costs are as follows (amounts in thousands):

.

	Three Months Ended March 31,
	2021		2020
Operating lease cost	$	335	$	350
Amortization of leased assets	237		239
Depreciation expense on finance lease	8		—
Interest expense on finance lease	3		—

Supplemental balance sheet information related to operating leases is as follows (amounts in thousands, except lease term and discount rate):

	March 31, 2021						December 31, 2020
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Right of use asset	$	3,386		$	181		$	3,623		$	—
Current right of use liability	$	1,210		$	42		$	1,176		$	—
Noncurrent right of use liability	2,637			140			2,960			—
Right of use liability	$	3,847		$	182		$	4,136		$	—
Weighted-average remaining lease term (years)	4.2 years			3.8 years			4.4 years			0 years
Weighted-average discount rate	10.0		%	8.3		%	10.0		%	—		%

Maturities of operating leases liabilities are as follows (amounts in thousands):

Year ending December 31,	Operating Leases		Finance Leases		Total
2021 (excluding the three months ended March 31, 2021)	$	1,151	$	41	1,192
2022	1,566		55		1,621
2023	507		55		562
2024	339		55		394
2025	339		5		344
2026	339		—		339
Thereafter	365		—		365
Total lease payments	4,606		211		4,817
Less: imputed interest	(759)		(29)		(788)
Right of use liability	$	3,847	$	182	$	4,029