Leases

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Leases

Note 7. Leases

We have entered into leases for our corporate headquarters, manufacturing and warehouse operations, and office equipment with remaining lease terms up to 3 years. Some of these leases include both lease and nonlease components, which are accounted for as a single lease component as we have elected the practical expedient to combine these components for all leases. As most of the leases do not provide an implicit rate, we calculated the right-of-use assets and lease liabilities using our secured incremental borrowing rate at the lease commencement date. We currently do not have any finance leases outstanding.

Information related to leases was as follows:

	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Operating lease information:
Operating lease cost	$	264		$	793
Operating cash flows from operating leases		256			773
Net assets obtained in exchange for new operating lease liabilities		-			2,862
Weighted average remaining lease term in years		2.33			2.33
Weighted average discount rate		5.0	%		5.0	%

Future minimum annual lease payments are as follows:

2019 (remaining)	$	255
2020		1,048
2021		1,071
2022		88
Total minimum lease payments	$	2,462
Less imputed interest		(143	)
Total operating lease liability	$	2,319