Basis of Preparation (Tables)

9 Months Ended

Sep. 30, 2020

Basis of Preparation [Abstract]

Financial Information Associated with our Leases

The tables below present financial information associated with our leases.

	Classification	September 30, 2020			September 30, 2019
Assets
Current
Finance lease assets	Investment in sales-type sublease - current	$	760,000		$	873,000
Long-term
Finance lease assets	Investment in sales-type sublease - net of current portion		-			760,000
Operating lease assets	Operating lease right-of-use asset		103,000			136,000
Total leased assets		$	863,000		$	1,769,000
Liabilities
Current
Finance lease liabilities	Obligations under finance lease - current portion	$	176,000		$	1,177,000
Operating lease liabilities	Operating lease right-of-use liability - current portion		39,000			35,000
Long-term
Finance lease liabilities	Obligations under finance lease - net of current portion		-			176,000
Operating lease liabilities	Operating lease right-of-use liability - net of current portion		77,000			115,000
Total lease liabilities		$	292,000		$	1,503,000
Lease Cost
Operating lease cost	Selling, general and administrative	$	32,000		$	32,000
Finance lease cost
Interest on lease liabilities	Interest expense		21,000			72,000
Sublease income	Interest income - sales-type sublease		60,000			104,000
Net lease (income)		$	(7,000	)	$	-

Maturity of Lease Liabilities

Maturity of lease liabilities (as of September 30, 2020)	Operating lease			Finance lease
2020	$	11,000		$	90,000
2021		45,000			90,000
2022		46,000
2023		24,000			-
Total	$	126,000		$	180,000
Less amount representing interest		10,000			4,000
Present value of lease liabilities	$	116,000		$	176,000
Discount rate		5.850	%		5.850	%