Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2019

As of June 30, 2019, the maturities of our operating lease liabilities were as follows (in thousands):

	Remaining Lease Payments June 30, 2019
	Operating			Financing			Total
2019	$	1,567		$	17		$	1,584
2020		3,330			34			3,364
2021		3,413			35			3,448
2022		3,497			9			3,506
2023		3,378			-			3,378
Thereafter		1,744			-			1,744
Total lease payments	$	16,929		$	95		$	17,024
Less: Effects of discounting		(3,871	)		(29	)		(3,900	)
Present value of lease liabilities	$	13,058		$	66		$	13,124
Less: current portion		(2,022	)		(19	)		(2,041	)
Long-term lease liabilities	$	11,036		$	47		$	11,083
Weighted-average remaining lease term	5 years			2.8 years
Weighted-average incremental borrowing rate		11	%		23	%

The component of our lease costs included in our condensed consolidated statements of income were as follows (in thousands):

	Quarter Ended		Six Months Ended
Lease Cost	June 30, 2019
Operating lease cost	$	914	$	1,879
Finance lease cost
Amortization of leased assets		8		16
Interest on lease liabilities		4		8
Net lease cost	$	926	$	1,903

Other information related to our operating lease was as follows (in thousands):

Other Information	Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,879
Operating cash flows from finance leases	$	24

Total future aggregate minimum lease payments calculated under ASC 840 at December 31, 2018 were as follows (in thousands):

	Remaining Lease Payments December 31, 2018
	Operating			Financing			Total
2019	$	3,133		$	33		$	3,166
2020		3,330			34			3,364
2021		3,413			35			3,448
2022		3,497			9			3,506
2023		3,378			-			3,378
Thereafter		1,744			-			1,744
Total lease payments	$	18,495		$	111		$	18,606
Less: amount representing interest		-			(33	)		(33	)
Value of lease liabilities under ASC 840	$	18,495		$	78		$	18,573
Less: current portion		(3,133	)		(17	)		(3,150	)
Long-term lease liabilities	$	15,362		$	61		$	15,423