Note 12 - Leases

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

12.

Leases

Operating leases

The Company has operating leases for real estate and non-real estate in the United States, United Kingdom, China, Japan, Singapore, and South Korea. One such operating lease is a sublease for real estate. The Company does

not

have any material finance leases.

In

March 2020,

the Company entered into a lease for new space in Marlborough, Massachusetts, which extends through

November 2028

that will allow it to combine its warehousing and office space, currently located in Norwood, Massachusetts, with its U.S. corporate headquarters that is currently located in a separate location in Marlborough, Massachusetts, into a single facility. As of

March 31, 2020,

the property was

not

yet available for use by the Company and

no

right-of-use asset and corresponding lease liability were therefore recorded. Through

July 2020,

no

rent will be due. The base rent on the facility over the remainder of the lease term will range from

$30,000

per month to

$38,000

per month.