3. Operating Lease (Tables)

6 Months Ended

Jun. 28, 2019

Notes to Financial Statements

Components of lease expense

The components of lease expense are as follows:

	June 28,		December 31,
	2019		2018
Operating lease right-of-use asset	$	2,675	$	187
Operating lease liability, current portion		293		188
Operating lease liability, net of current portion		2,347		-

Schedule of lease expense

The components of lease expense are as follows:

	June 28,		June 29,
	2019		2018
Amortization of right-of-use asset recorded as rent expense	$	246	$	270
Interest on lease liability included in other expense		15		19
Total lease cost	$	261	$	289

Schedule of Future Minimum Payments for Operating Leases

Maturities of the lease liability for the twelve months ended June 28, 2019 are as follows:

Future Minimum Lease Payments
2020	$	424
2021		437
2022		450
2023		464
2024		478
Thereafter		912
Total future minimum lease payments	$	3,165
Less: amount representing interest		(525)
Present value of future payments	$	2,640
Current portion		293
Long-term portion		2,347

Other information related to the lease

Other information related to the lease:

	June 28,		June 29,
	2019		2018
Operating cash flows
Cash paid related to operating lease obligation	$	248	$	281
Remaining lease term (in years)
Operating lease		6.8		0.8
Weighted average discount rate
Operating lease