OPERATING LEASES (Tables)

6 Months Ended

Jun. 30, 2019

OPERATING LEASES

Schedule of operating leases

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

	Six Months Ended		Three Months Ended
(U.S. dollars in thousands)	June 30, 2019
Operating lease costs	$	593		301
Cash paid for amounts included in the measurement of lease liabilities		662		334
Right of use assets obtained in exchange for new operating lease liabilities		227		175

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

(U.S. dollars in thousands)	June 30, 2019
Weighted average remaining lease term (in years)	10.7
Weighted average discount rate	12.58	%

Schedule of maturity analysis of operating leases

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

(U.S. dollars in thousands)	June 30, 2019
2019 (excluding the six months ended June 30, 2019)	$	637
2020	$	1,113
2021	$	885
2022	$	806
2023	$	793
After 2023	$	6,572
Total undiscounted cash flows	$	10,806
Less: imputed interest	$	5,013
Present value of  operating lease liabilities	$	5,793