LEASES (Tables)

6 Months Ended

Jun. 30, 2020

The components of lease expense and cash flows from leases (amounts in thousands) follow.

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Finance lease cost:
Amortization of right-of use assets, included in cost of goods sold	$	20	$	14	$	41	$	18
Interest on lease liabilities		4		2		8		4
Operating lease cost, included in selling, general and administrative expenses:
Fixed leases cost		131		131		261		261
Variable lease cost		33		32		48		64
Short-term lease cost		-		7		3		16
Total lease cost	$	188	$	186	$	361	$	363

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	4	$	3	$	8	$	5
Operating cash flows from operating leases	$	131	$	131	$	261	$	261
Financing cash flows from finance leases	$	20	$	20	$	46	$	31

The remaining terms of our leases and the discount rates used in the calculation of the fair value of our leases as of June 30, 2020, follows.

	Operating Leases			Finance Leases
Remaining leases terms (in years)		3.3-12.7			0.6-4.0
Weighted average remaining lease terms (in years)		7.3			2.9
Discount rates		6.3%-9.0	%		4.3%-7.3	%
Weighted average discount rate		7.6	%		5.8	%

Maturities of lease liabilities as of June 30, 2020, follows (in thousands).

	Operating Leases			Finance Leases
2020 (six months ended December 31, 2020)	$	232		$	62
2021		536			91
2022		548			68
2023		528			38
2024		428			11
Thereafter		1,469			-
Total lease payments		3,741			270
Amounts representing interest		(942	)		(24	)
Present value of lease obligations	$	2,799		$	246