Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule components of lease expense
    Three months ended  
(in thousands)   March 31, 2020     March 31, 2019  
Operating lease expense   $ 93     $ 93  
                 
Finance lease cost                
Amortization of right-to-use assets   $ 20     $ 20  
Interest on lease liabilities   $ 5     $ 6  
Total finance lease cost   $ 25     $ 26  
Schedule of supplemental cash flow information related to leases
Cash flow information:   Three months ended  
(in thousands)   March 31,
2020
    March 31,
2019
 
             
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flow use from operating leases   $ 94     $ 86  
Operating cash flow use from finance leases   $ 4     $ 6  
Financing cash flow use from finance leases   $ 19     $ 18  
                 
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   2.4 years
Finance Leases   2.5 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 three months ended March 31, 2020)     281       71  
2021     377       94  
2022     252       64  
20230     -       4  
Total lease payments   $ 910     $ 233  
Less imputed interest     (85 )     (22 )
Present value of lease liabilities   $ 825     $ 211