Note 15 - Commitments and Contingencies

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

1

5

.

Commitments and Contingencies

Alloy Purchase Commitments

As of

June 30, 2018

and

December 31, 2017,

the Company has signed firm purchase commitments for alloy supplies that will be delivered over the next

twelve

months. Total commitments were

$83

and

$308

as of

June 30, 2018

and

December 31, 2017,

respectively.

Operating Lease Commitments

The Company previously leased its offices and warehouse facilities under various lease agreements, certain of which were subject to escalations based upon increases in specified operating expenses or increases in the Consumer Price Index. During

June 2017,

the Company terminated the remaining portion of the lease agreements, effective

June 30, 2017.

The termination resulted in the Company paying certain fees, related to new tenant accommodations and broker fees, equaling

$125,

which were off-set against previously recorded deferred rent expenses. This resulted in an additional expense of

$17,

which was included in rent expense for the year ended

December 31, 2017.

Additionally, concurrent with ceasing operations at these facilities, the Company accelerated depreciation of remaining installed leasehold improvements in the amount of

$30.

As of

December 31, 2017,

the Company had

no

further obligations under these lease agreements.

Rent expense was

$0

and

$0

for the

three

and

six

months ended

June 30, 2018,

respectively. This compares to

$69

and

$125

for the

three

and

six

months ended

June 30, 2017,

respectively.