LEASES

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

LEASES, LESSEE

LEASES

Lessee Accounting

The Company leases buildings, office equipment, and vehicles. As of March 31, 2020, the Company’s finance leases were not material to our Condensed Consolidated Financial Statements. ROU assets arising from finance leases are included in Property and equipment, net in the accompanying Condensed Consolidated Balance Sheets. The current portion of the finance lease liabilities are included in Current portion of deferred revenue, and other and the non-current portion of the finance lease liabilities are included in Other liabilities in the accompanying Condensed Consolidated Balance Sheets.

For the three months ended March 31, 2020 and 2019, operating lease expense was approximately $0.6 million and $0.6 million, respectively, including immaterial variable lease costs.

Supplemental cash flow information related to the Company's operating leases for the three months ended March 31, 2020 and 2019, respectively, was as follows (in thousands):

	Three Months Ended March 31,
	2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	460	$	444
ROU assets obtained in exchange for operating lease obligations	98		293

The following table presents the weighted average remaining lease term and weighted average discount rate related to the Company's operating leases:

	March 31, 2020		December 31, 2019
Weighted average remaining lease term	3.6 years		3.8 years
Weighted average discount rate	4.44	%	4.44	%

The following table presents the maturity of the Company's operating lease liabilities as of March 31, 2020 (in thousands):

Year Ending December 31,
Remainder of 2020	$	1,451
2021	1,608
2022	1,411
2023	1,795
2024	30
Thereafter	57
Total operating lease payments	6,352
Less: imputed interest	505
Total operating lease liabilities	$	5,847

Lessor Accounting

In our CCA segment, primarily related to our Point of Care laboratory products, the Company enters into sales-type leases as part of our subscription agreements. The following table presents the maturity of the Company's undiscounted lease receivables as of March 31, 2020 (in thousands):

Year Ending December 31,
Remainder of 2020	$	3,101
2021	4,209
2022	3,888
2023	3,182
2024	2,308
Thereafter	1,705
	$	18,393

LEASES, LESSOR

LEASES

Lessee Accounting

The Company leases buildings, office equipment, and vehicles. As of March 31, 2020, the Company’s finance leases were not material to our Condensed Consolidated Financial Statements. ROU assets arising from finance leases are included in Property and equipment, net in the accompanying Condensed Consolidated Balance Sheets. The current portion of the finance lease liabilities are included in Current portion of deferred revenue, and other and the non-current portion of the finance lease liabilities are included in Other liabilities in the accompanying Condensed Consolidated Balance Sheets.

For the three months ended March 31, 2020 and 2019, operating lease expense was approximately $0.6 million and $0.6 million, respectively, including immaterial variable lease costs.

Supplemental cash flow information related to the Company's operating leases for the three months ended March 31, 2020 and 2019, respectively, was as follows (in thousands):

	Three Months Ended March 31,
	2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	460	$	444
ROU assets obtained in exchange for operating lease obligations	98		293

The following table presents the weighted average remaining lease term and weighted average discount rate related to the Company's operating leases:

	March 31, 2020		December 31, 2019
Weighted average remaining lease term	3.6 years		3.8 years
Weighted average discount rate	4.44	%	4.44	%

The following table presents the maturity of the Company's operating lease liabilities as of March 31, 2020 (in thousands):

Year Ending December 31,
Remainder of 2020	$	1,451
2021	1,608
2022	1,411
2023	1,795
2024	30
Thereafter	57
Total operating lease payments	6,352
Less: imputed interest	505
Total operating lease liabilities	$	5,847

Lessor Accounting

In our CCA segment, primarily related to our Point of Care laboratory products, the Company enters into sales-type leases as part of our subscription agreements. The following table presents the maturity of the Company's undiscounted lease receivables as of March 31, 2020 (in thousands):

Year Ending December 31,
Remainder of 2020	$	3,101
2021	4,209
2022	3,888
2023	3,182
2024	2,308
Thereafter	1,705
	$	18,393