The Company is party to a number of operating leases, the majority of which are related to office, warehouse and manufacturing space. The related operating lease assets and obligations are reflected within

right-of-use

assets, current operating lease obligations and long-term operating lease obligations on the Condensed Consolidated Balance Sheet. Lease expense for these leases is recognized on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred. Our Condensed Consolidated Statements of Operations for the three months ended June 30, 2020 reflect lease costs for these operating leases of $165 and $330 within

cost of sales and operating expenses, respectively; and

424

and $

889

within cost of sales and operating expenses, respectively, for the nine months ended June

, 2020.

In addition, the Company has periodically entered into other short-term operating leases, generally with an initial term of twelve months or less. These leases are not recorded on the balance sheet and the related lease expense is immaterial for the three and nine months ended June 30, 2020.

The Company often has options to renew lease terms, with the exercise of lease renewal options generally at the Company’s sole discretion. In addition, certain lease arrangements may be terminated prior to their original expiration date at our discretion. We evaluate renewal and termination options at the lease commencement date to determine if we are reasonably certain to exercise the option on the basis of economic factors. The weighted average remaining lease term for our operating leases as of June 30, 2020 was 4.3 years.

The discount rate implicit within our leases is generally not determinable and, therefore, the Company determines the discount rate using its incremental borrowing rate. The weighted average discount rate used to measure our operating leases as of June 30, 2020 was 3.7%.

Supplemental cash flow information related to the Company’s operating leases are as follows:


	Three Months Ended June 30,				Nine Months Ended June 30,
	2020		2019		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	435	$	—	$	1,213	$	—

Maturities of lease liabilities by fiscal year for the Company’s operating lease liabilities were as follows as of June 30, 2020:


	June 30, 2020
	June 30, 2020
Remainder of 2020	$	522
2021		2,011
2022		1,647
2023		1,179
2024		928
Thereafter		916

Total lease payments		7,203
Less amount of lease payment representing interest		(489	)

Total present value of lease payments	$	6,714

As of September 30, 2019, future minimum lease payments under noncancelable operating leases were as follows:


	September 30, 2019
	September 30, 2019
2020	$	1,528
2021		1,451
2022		1,293
2023		967
2024		712
Thereafter		616

Total	$	6,567