Note 12 - Leases

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

12.

     Leases

Leases

We have

seven

total operating leases which relate to both office space locations and certain office equipment. Our leases have remaining lease terms of

2

 months to

4

 years. Our leases do

not

contain any material residual value guarantees or material restricted covenants and we currently have

no

material sublease arrangements. We have

no

financing leases as defined under ASC

842.

Total operating lease expense for the

three

months ended

March 31, 2021

and

2020

, is as follows:

	Three Months Ended
	March 31,
	2021		2020
Operating lease cost	$	44	$	56
Short-term lease cost		7		3
Total lease cost	$	51	$	59

The weighted average remaining lease term was

3.09

 years as of

March 31, 2021

. The weighted average discount rate was

2.84%

as of

March 31, 2021

.

Remaining maturities of our existing lease liabilities as of

March 31, 2021

were as follows:

Year Ending December 31,	Operating Leases
2021 (excluding the three months ended March 31, 2021)		131
2022		122
2023		115
2024		26
Thereafter		7
Total lease payments	$	401
Less imputed interest		(59	)
Total	$	342

The following is the balance sheet classification of our existing lease liabilities as of

March 31, 2021

:

	As of
	March 31, 2021		December 31, 2020
Operating lease liabilities - current	$	148	$	149
Operating lease liabilities - non-current		194		237
Total operating lease liabilities	$	342	$	386

Supplemental cash flow information related to leases, was as follows:

	Three Months Ended
	March 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities	$	49	$	59
Leased assets obtained in exchange for operating lease liabilities		40		52