Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Financing and Operating Leases

The table below presents the lease-related assets and liabilities recorded in the Consolidated Balance Sheet:

 

    Classification on the Balance Sheet   December 31, 2019  
           
Assets            
Financing lease assets   Property and equipment, net   $ 998  
Operating lease assets   Operating lease right of use assets     3,892  
Total lease assets       $ 4,890  
             
Liabilities            
Current            
Financing lease liabilities   Other accrued expenses   $ 184  
Operating lease liabilities   Other accrued expenses     1,321  
Total current lease liabilities       $ 1,505  
Noncurrent            
Financing lease liabilities   Other long-term liabilities     123  
Operating lease liabilities   Operating lease liabilities, net of current portion     2,591  
Total long-term lease liabilities         2,714  
Total lease liabilities       $ 4,219  

Schedule of Maturities of Operating and Financing Lease Liabilties

The table below reconciles the undiscounted cash flows to the lease liabilities recorded on the Company’s Condensed Consolidated Balance Sheet as of December 31, 2019:

 

    Operating Leases     Financing Leases  
2020     1,472       226  
2021     1,295       120  
2022     1,223       13  
2023     344       -  
Total minimum lease payments     4,334       359  
Less: amount of lease payments representing effects of discounting     418       52  
Present value of future minimum lease payments     3,916       307  
Less: current obligations under leases     1,321       184  
Long-term lease obligations   $ 2,595     $ 123