Lease Commitments

9 Months Ended

Sep. 30, 2019

The Company leases property under operating leases with varying expiration dates between 2020 and 2025. The Company also leases equipment and automobiles under operating leases with expiration dates between 2021 and 2024. The Company determines if an arrangement is a lease at inception. The Company presents operating leases in right-of-use assets and lease liabilities, while finance leases are presented in property, equipment, and software development, net, and accrued expenses and other current liabilities and other liabilities in the condensed consolidated balance sheet.

The following table presents information related to leases as of September 30, 2019:


Operating leases
Right-of-use assets, net	$	2,721
Current portion of lease liabilities	$	2,176
Lease liabilities, net of current portion	740
Total operating lease liabilities	$	2,916
Finance leases
Property, equipment, and software development, at cost	$	142
Accumulated depreciation	(2)
Property, equipment, and software development, net	$	140
Current portion of lease liabilities	$	46
Lease liabilities, net of current portion	93
Total finance lease liabilities	$	139
Weighted average remaining lease term
Operating leases	1.80 years
Finance leases	2.92 years
Weighted average discount rate
Operating leases	9.22		%
Finance leases	5.00		%

The following table presents supplemental cash flow information related to leases for the nine months ended September 30, 2019:


Operating cash outflows from operating leases	$	1,086
Operating cash outflows from finance leases (interest)	1
Financing cash outflows from finance leases	4

The following table presents maturities of lease liabilities as of September 30, 2019:


	Operating Leases		Finance Leases
2019 (excluding the nine months ended September 30,2019)	$	271	$	13
2020	2,524		51
2021	196		51
2022	54		34
2023	45		—
Thereafter	67		—
Total lease payments	3,157		149
Imputed interest	(241)		(10)
Total lease liabilities	2,916		139
Current portion of lease liabilities	2,176		46
Lease liabilities, net of current portion	$	740	$	93

Lease Commitments

The following table presents information related to leases as of September 30, 2019:


Operating leases
Right-of-use assets, net	$	2,721
Current portion of lease liabilities	$	2,176
Lease liabilities, net of current portion	740
Total operating lease liabilities	$	2,916
Finance leases
Property, equipment, and software development, at cost	$	142
Accumulated depreciation	(2)
Property, equipment, and software development, net	$	140
Current portion of lease liabilities	$	46
Lease liabilities, net of current portion	93
Total finance lease liabilities	$	139
Weighted average remaining lease term
Operating leases	1.80 years
Finance leases	2.92 years
Weighted average discount rate
Operating leases	9.22		%
Finance leases	5.00		%

The following table presents supplemental cash flow information related to leases for the nine months ended September 30, 2019:


Operating cash outflows from operating leases	$	1,086
Operating cash outflows from finance leases (interest)	1
Financing cash outflows from finance leases	4

The following table presents maturities of lease liabilities as of September 30, 2019:


	Operating Leases		Finance Leases
2019 (excluding the nine months ended September 30,2019)	$	271	$	13
2020	2,524		51
2021	196		51
2022	54		34
2023	45		—
Thereafter	67		—
Total lease payments	3,157		149
Imputed interest	(241)		(10)
Total lease liabilities	2,916		139
Current portion of lease liabilities	2,176		46
Lease liabilities, net of current portion	$	740	$	93