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OPERATING LEASES (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Assets And Liabilities Lessee [Table Text Block]



 

 

 

 

 

 



 

 

 

(Upon ASC 842 Adoption)

 

 



 

June 30,

 

January 1,

 

 

($ in thousands)

 

2019

 

2019

 

Financial Statement Line Item

Assets:

 

 

 

 

 

 

Operating ROU Assets

$

1,282 

$

1,136 

 

Leased assets



 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Current

 

 

 

 

 

 

Operating

$

527 

$

626 

 

Other current liabilities

Noncurrent

 

 

 

 

 

 

Operating

 

776 

 

544 

 

Long-term lease liabilities

Total leased liabilities

$

1,303 

$

1,170 

 

 



Lessee, Operating Lease, Liability, Maturity [Table Text Block]



 

 



 

Operating

($ in thousands)

 

Leases

07/01/2019 through 12/31/2019

$

366 

2020

 

418 

2021

 

298 

2022

 

169 

2023

 

130 

                                                                            2024

 

26 

Total lease payments

 

1,407 

Less: Interest

 

104 

Present value of lease liabilities

$

1,303 



Lease, Cost, Supplemental [Table Text Block]



 

 

 



 

June 30,

 



 

2019

 

Weighted-average remaining lease term (years)

 

 

 

Operating leases

 

2.0

 



 

 

 

Weighted-average discount rate

 

 

 

Operating leases

 

5.1

%



Schedule of Cash Flow, Lease Supplemental Disclosures [Table Text Block]



 

 



 

June 30,

($ in thousands)

 

2019

Cash paid for amounts included in the measurement of lease liabilities

 

 

Operating cash flows from operating leases

$

201 



 

 

Right-of-use assets obtained in exchange for lease obligations

 

 

Operating leases

$

526 



Lease, Cost [Table Text Block]







 

 

 

 

 

 

 

 



 

Three Months Ended

 

 

Six Months Ended

 



 

June 30,

 

 

 

June 30,

 

 

($ in thousands)

 

2019

 

 

 

2019

 

Financial Statement                    Line Item

Operating lease expenses - Manufacturing & Sourcing (1)

$

163 

 

 

$

324 

 

Cost of goods sold

Operating lease expenses (1)

 

85 

 

 

 

149 

 

Operating expenses

Total lease expenses

$

248 

 

 

$

473 

 

 



(1) Includes short-term lease expenses of approximately $24,000 and $50,000 for the three and six months ended June 30, 2019, respectively.