3. Operating Lease (Tables)

9 Months Ended

Sep. 27, 2019

Notes to Financial Statements

Components of lease expense

Balance sheet information related to Previous Facility Lease and New Facility Lease are as follows:

	September 27,		December 31,
	2019		2018
Operating lease right-of-use asset	$	2,592	$	187
Operating lease liability, current portion		300		188
Operating lease liability, net of current portion		2,268		-

Schedule of lease expense

The components of lease expense are as follows:

	September 27,		September 28,
	2019		2018
Amortization of right-of-use asset recorded as rent expense	$	329	$	405
Interest on lease liability included in other expense		49		26
Total lease cost	$	378	$	431

Schedule of Future Minimum Payments for Operating Leases

Maturities of the lease liability are as follows:

Future Minimum Lease Payments
2019	$	106
2020		431
2021		444
2022		457
2023		471
2024		485
Thereafter		666
Total future minimum lease payments		3,060
Less: amount representing interest		(492)
Present value of future payments		2,568
Current portion		300
Long-term portion	$	2,268

Other information related to the lease

For the nine months ended:

	September 27,		September 28,
	2019		2018
Operating cashflows
Cash paid related to operating lease obligation	$	354	$	424
Remaining lease term (in years)
Operating lease		6.6		0.6