LEASES

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

LEASES

NOTE 6 – LEASES

The table below presents the effects on the amounts relating to the Company’s total lease cost:

	Period ended June 30, 2020			Year ended June 30, 2019
Operating lease cost	$	1,904			1,613
Short-term lease cost		735			411
Total lease cost	$	2,639			2,024
Other information:
Cash paid for amounts included in the measurement of Lease liabilities:
Operating cash flows from operating leases	$	1,906			2,024
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,736			426
Weighted-average remaining lease term - operating leases	4.7 years			5.2 years
Weighted-average discount rate - operating leases		4.9	%		4.8	%

Supplemental balance sheet information related to operating leases was as follows:

 

	June 30, 2020		December 31, 2019
Operating lease ROU assets	$	10,442		10,367
Other current liabilities	$	2,838		2,725
Operating lease liabilities		7,512		7,562
Total operating lease liabilities	$	10,350		10,287

Maturities of operating lease liabilities as of June 30, 2020 were as follows:

Year ending December 31,
2020 (excluding the six months ended June 30, 2020)	$	1,729
2021		2,607
2022		1,858
2023		1,637
2024		1,347
Thereafter		2,122
Total future minimum lease payments		11,300
Less: imputed interest		950
Total	$	10,350