Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.3
Leases (Tables)
6 Months Ended
Sep. 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:

 

 

 

September 30,

 

 

 

2019

 

Finance Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

1.65

 

Weighted-average discount rate

 

 

9.27

%

 

 

 

 

 

Operating Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

2.13

 

Weighted-average discount rate

 

 

5.50

%

Schedule of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2019

 

Finance lease cost:

 

 

 

 

 

 

 

 

  Amortization of right-of-use assets

 

$

13

 

 

$

26

 

  Interest on lease liabilities

 

 

3

 

 

 

6

 

Operating lease cost

 

 

37

 

 

 

146

 

Short-term lease cost

 

 

6

 

 

 

17

 

Total lease cost

 

$

59

 

 

$

195

 

 

Future Minimum Payments Required under Non-cancelable Leases

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

 

 

 

Operating

Leases

 

 

Finance

Leases

 

Remainder of 2020

 

$

66

 

 

$

31

 

2021

 

 

159

 

 

 

48

 

2022

 

 

62

 

 

 

26

 

2023

 

 

32

 

 

 

26

 

2024

 

 

7

 

 

 

11

 

2025

 

 

 

 

 

 

Total lease payments

 

 

326

 

 

 

142

 

 

 

 

 

 

 

 

 

 

Less – amount representing interest

 

 

21

 

 

 

21

 

Present value of net minimum lease payments

 

$

305

 

 

$

121