Summary of Significant Accounting Policies

Restricted cash

Restricted cash as of

September

30,

2020

represents funds that are restricted to satisfy any amount borrowed against the Company's Cash Collateral Security agreement with BMO Harris Bank N.A. The balance of restricted cash totaling

$2,392

is comprised of

$2,025

in current assets relating to existing standby letters of credit with varying maturity dates and expire

later than

September 30, 2021

and

$367

in long-term assets will remain through the expiration dates of the underlying standby letter of credits (the latest maturity date is

February 1, 2023)

with BMO Harris Bank N.A. Refer to Note

Debt Financing for further information on the Cash Collateral Security agreement with BMO Harris Bank N.A.

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows:

	September 30, 2020		September 30, 2019
Cash and cash equivalents	$	9,418	$	12,850
Restricted cash included in current assets		2,025		988
Restricted cash included in long-term assets		367		1,494
Total cash, cash equivalents, and restricted cash shown in the Consolidated Statements of Cash Flows	$	11,810	$	15,332

Leases

The Company applies the provisions of Accounting Standards Codification ("ASC")

842,

Leases. The Company determines if an arrangement is a lease at inception by evaluating whether the arrangement conveys the right to use an identified asset and whether the Company obtains substantially all of the economic benefits from and has the ability to direct the use of the asset. Right-of-use ("ROU") assets and lease liabilities are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. Operating ROU assets also include the impact of any lease incentives. Operating leases are included in right-of-use ("ROU") operating lease assets, operating lease liabilities - current, and operating lease liabilities - non-current on our Consolidated Balance Sheets.

Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of our leases do

not

provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. Our lease terms

may

include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term.

We have lease agreements with lease and non-lease components, and we elected the practical expedient to

not

separate lease and non-lease components for the majority of our leases. For certain equipment leases, such as vehicles, we account for the lease and non-lease components as a single lease component. We also elected the practical expedient to keep leases with an initial term of

months or less off of the consolidated balance sheet.

During the quarter ending

September 30, 2020,

an error was detected in the calculation of the adoption of ASC

842.

“Leases” made on

January 1, 2019.

The calculation included an incorrect lease amount associated with

one

of our leases. This error did

not

correctly present the Right of Use Operating Lease Asset and related Operating Lease Liability on the Company's balance sheet.

We evaluated the revision in accordance with Accounting Standards Codification (ASC)

250,

Accounting Changes and Error Corrections and evaluated the materiality of the revision on prior periods' financial statements in accordance with the Securities and Exchange Commission Staff Accounting Bulletin

No.

108,

Quantifying Financial Statement Errors. We concluded that the revision was

not

material to any prior period and therefore, amendments of previously filed reports are

not

required. In accordance with ASC

250,

we have corrected the error in all prior periods presented by revising the consolidated financial statements appearing herein. Periods

not

presented herein will be revised, as applicable, in future filings. The revision did

not

have an impact on net loss or earnings per share data for the year ended

December 31, 2019.

	As Previously Reported Year Ended December 31, 2019		Revision			As Revised
Right of Use Operating Lease Asset		980		(618	)		362
Operating Lease Liabilities - current		300		(118	)		182
Operating Lease Liabilities - non current		680		(500	)		180