Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of lease expense

The components of lease expense were as follows:

		Year Ended
(in thousands)		December 31, 2019
Operating lease expense	$	464
Finance lease expense:
Amortization of leased assets		15
Interest on lease liabilities		6
Total finance lease expense		21
Total lease expense	$	485

Cash flow supplemental disclosures for leases

Supplemental cash flow information related to leases was as follows:

		Year Ended
(in thousands)		December 31, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	642
Operating cash flows from finance leases		6
Financing cash flows from finance leases		20
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	1,638
Finance leases		-

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

(in thousands)		December 31, 2019
Operating leases
Operating lease right-of-use assets	$	1,308
Current portion of operating lease liability		656
Operating lease liability, net of current portion		1,348
Total operating lease liabilities	$	2,004
Finance leases
Property and equipment, at cost	$	66
Accumulated depreciation		(25)
Property and equipment, net	$	41
Current portion of finance lease obligations	$	25
Finance lease obligations, net of current portion		9
Total finance lease liabilities	$	34
Weighted Average Remaining Lease Term
Operating leases		3 years
Finance leases		1 year
Weighted Average Discount Rate
Operating leases		6.0%
Finance leases		13.8%

Schedule of future minimum operating lease payments

As of December 31, 2019, maturities of lease liabilities were as follows:

		Operating		Finance
(in thousands)		leases		leases
Years Ended December 31,
2020	$	656	$	27
2021		676		9
2022		696		-
2023		175		-
Thereafter		-		-
Total minimum lease payments		2,203		36
Less: amount representing interest		(199)		(2)
Present value of lease liabilities	$	2,004	$	34

Lease guarantee future commitments finance leases

Lease commitments as of December 31, 2018 classified under ASC 840 were as follows:

		Operating		Finance
(in thousands)		leases		leases
Years Ended December 31,
2019	$	654	$	27
2020		656		27
2021		676		9
2022		696		-
2023		175		-
Thereafter		-		-
Total minimum lease payments	$	2,857		63
Less: amount representing interest				(9)
Present value of finance lease obligations				54
Less: current portion				(21)
Long-term portion at December 31, 2018			$	33