Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.2
Leases (Tables)
3 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Weighted Average Remaining Lease Term and Discount Rate for Finance and Operating Leases

The weighted average remaining lease term and discount rate for finance and operating leases are as follows:

 

 

 

June 30,

 

 

 

2019

 

Finance Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

1.93

 

Weighted-average discount rate

 

 

9.27

%

 

 

 

 

 

Operating Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

2.44

 

Weighted-average discount rate

 

 

5.50

%

Schedule of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Three Months Ended

 

 

 

June 30,

 

 

 

2019

 

Finance lease cost:

 

 

 

 

  Amortization of right-of-use assets

 

$

25

 

  Interest on lease liabilities

 

 

3

 

Operating lease cost

 

 

109

 

Short-term lease cost

 

 

11

 

Total lease cost

 

$

148

 

 

Future Minimum Payments Required under Non-cancelable Leases

As of June 30, 2019, future minimum payments required under non-cancelable leases are:

 

 

 

Operating

Leases

 

 

Finance

Leases

 

Remainder of 2019

 

$

80

 

 

$

49

 

2020

 

 

120

 

 

 

48

 

2021

 

 

48

 

 

 

26

 

2022

 

 

32

 

 

 

26

 

2023

 

 

7

 

 

 

11

 

2024

 

 

 

 

 

 

Total lease payments

 

 

287

 

 

 

160

 

 

 

 

 

 

 

 

 

 

Less – amount representing interest

 

 

21

 

 

 

24

 

Present value of net minimum lease payments

 

$

266

 

 

$

136