Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule components of lease expense

    Three months ended     Six months ended  
(in thousands)   June 30,
2020		     June 30,
2019		     June 30,
2020		     June 30,
2019		  
Operating lease expense   $ 93     $ 93     $ 186     $ 186  
                                 
Finance lease cost                                
Amortization of right-to-use assets   $ 21     $ 20     $ 41     $ 41  
Interest on lease liabilities   $ 4     $ 6     $ 9     $ 11  
Total finance lease cost   $ 25     $ 26     $ 50     $ 52  
Schedule of supplemental cash flow information related to leases
Cash flow information:     Six months ended  
(in thousands)     June 30,
2020		     June 30,
2019		  
               
Cash paid for amounts included in the measurement of lease liabilities:              
Operating cash flow use from operating leases     $ 188     $ 172  
Operating cash flow use from finance leases     $ 9     $ 12  
Financing cash flow use from finance leases     $ 39     $ 36  
                   
Non-cash activity:                  
                   
Right-of-use assets obtained in exchange for lease obligations:                  
Operating leases     $ 83     $ 1,177  
Finance Leases     $ -       $ 302  
Schedule of weighted average remaining lease terms

Weighted average remaining lease term:    
Operating leases   2.2 years
Finance Leases   2.2 years

Schedule of weighted average discount rates

Weighted average discount rates:      
Operating leases     8 %
Finance Leases     8 %

Schedule of maturities of lease liabilities

(in thousands)
Year ending December 31,		   Operating Leases     Finance Leases  
2020 (excluding six months ended June 30, 2020)     187       47  
2021     377       94  
2022     252       64  
2023     -       4  
Total lease payments   $ 816     $ 209  
Less imputed interest     (69 )     (18 )
Present value of lease liabilities   $ 747     $ 191