OPERATING LEASES (Tables)

9 Months Ended

Sep. 30, 2019

OPERATING LEASES

Schedule of operating leases

The following table sets forth data regarding the Company’s operating leases for the nine and three months ended September 30, 2019:

	Nine Months Ended		Three Months Ended
(U.S. dollars in thousands)	September 30, 2019
Operating lease costs	$	907	$	314
Cash paid for amounts included in the measurement of lease liabilities		999		337
Right of use assets obtained in exchange for new operating lease liabilities		282		55

The following table sets forth data regarding the Company’s operating leases as of September 30, 2019:

	September 30, 2019
Weighted average remaining lease term (in years)	10.6
Weighted average discount rate	12.55	%

Schedule of maturity analysis of operating leases

The following table sets forth a maturity analysis of the Company’s operating lease liabilities as of September 30, 2019:

(U.S. dollars in thousands)	September 30, 2019
2019 (excluding the nine months ended September 30, 2019)	$	300
2020	$	1,128
2021	$	949
2022	$	826
2023	$	803
After 2023	$	6,656
Total undiscounted cash flows	$	10,662
Less: imputed interest	$	4,908
Present value of  operating lease liabilities	$	5,754