Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.3.a.u2
Leases (Tables)
9 Months Ended
Dec. 31, 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:

 

 

 

December 31,

 

 

 

2019

 

Finance Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

1.38

 

Weighted-average discount rate

 

 

9.27

%

 

 

 

 

 

Operating Leases

 

 

 

 

Weighted-average remaining lease term in years

 

 

2.25

 

Weighted-average discount rate

 

 

5.44

%

Schedule of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2019

 

 

2019

 

Finance lease cost:

 

 

 

 

 

 

 

 

  Amortization of right-of-use assets

 

$

13

 

 

$

39

 

  Interest on lease liabilities

 

 

3

 

 

 

9

 

Operating lease cost

 

 

42

 

 

 

188

 

Short-term lease cost

 

 

3

 

 

 

20

 

Total lease cost

 

$

61

 

 

$

256

 

 

Future Minimum Payments Required under Non-cancelable Leases

As of December 31, 2019, future minimum payments required under non-cancelable leases are:

 

 

 

Operating

Leases

 

 

Finance

Leases

 

Remainder of 2020

 

$

26

 

 

$

15

 

2021

 

 

163

 

 

 

48

 

2022

 

 

63

 

 

 

26

 

2023

 

 

33

 

 

 

26

 

2024

 

 

7

 

 

 

11

 

2025

 

 

 

 

 

 

Total lease payments

 

 

292

 

 

 

126

 

 

 

 

 

 

 

 

 

 

Less – amount representing interest

 

 

17

 

 

 

18

 

Present value of net minimum lease payments

 

$

275

 

 

$

108