Leases (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Lease Assets and Liabilities Obligations

The following table summarizes the supplemental balance sheet information related to lease assets and lease liabilities as of June 30, 2020 and December 31, 2019 (in thousands):


	Classification	June 30, 2020		December 31, 2019
Assets
Operating lease assets	Right-of-use assets	$	841	$	965
Finance lease assets	Property and equipment, net of accumulated depreciation	8,717		9,302
Total lease assets		$	9,558	$	10,267
Liabilities
Current
Operating	Current portion of operating lease obligations - related parties	$	315	$	364
Finance	Current portion of finance lease obligation	2,394		3,440
Noncurrent
Operating	Long-term portion of operating lease obligation	594		650
Finance	Finance lease obligations—related parties, net of current portion	—		648
Total lease liabilities		$	3,303	$	5,102

Schedule of Lease Expenses

The following table summarizes the components of lease expense for the six months ended June 30, 2020 and 2019 (in thousands, unaudited):


Lease Cost	Classification	Three Months Ended June 30,								Six Months Ended June 30,
						2020			2019			2020	2019
Operating lease cost	Cost of sales	$	41	$	48		$	80		$	87
Operating lease cost	Selling, general and administrative expenses	90		40			181			107
Finance lease cost
Amortization of leased assets	Depreciation	292		292			585			585
Interest on lease liabilities	Interest expense	135		171			296			345
Net lease cost		$	558	$	551		$	1,142		$	1,124

Schedule of Future Minimum Lease Payments for Operating and Finance Obligation

The following schedule presents the future minimum lease payments for our operating and finance obligations at June 30, 2020 (in thousands):


	Operating Leases		Finance Leases		Total
Remainder 2020	$	249	$	1,885	$	2,134
2021	286		649		935
2022	172		—		172
2023	145		—		145
2024	149		—		149
Thereafter	25		—		25
Total lease payments	1,026		2,534		3,560
Less: Interest	(117)		(140)		(257)
Present value of lease liabilities	$	909	$	2,394	$	3,303

Schedule of Lease Costs and Terms for Operating and Finance Lease Obligations

Lease term and discount rates for our operating and finance lease obligations are as follows:


Lease Term and Discount Rate	June 30, 2020
Weighted-average remaining lease term (years)
Operating leases	3.4
Finance leases	0.5
Weighted-average discount rate
Operating leases	7.3	%
Finance leases	9.1	%

Schedule of Supplemental Cash Flow Information Related To Leases

The following table summarizes the supplemental cash flow information related to leases for the six months ended June 30, 2020 and 2019:


Other information	June 30, 2020		June 30, 2019
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	237	$	158
Financing cash flows from finance leases	1,694		1,672
Interest paid	235		340
Noncash activities from right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	73	$	621