Long term loan and other non-current liabilities

3 Months Ended

Mar. 31, 2020

Long term loan and other non-current liabilities.

Long term loan and other non-current liabilities

Note 11:—Long term loan and other non-current liabilities

Long-term loan and other long-term liabilities consisted of the following as of:

	March 31,		December 31,
	2020		2019		2018
	(unaudited)
Long-term loan less current maturities of long-term loan	$	2,321	$	2,535	$	2,792
Contingent consideration		974		2,439		—
Accrued rent		453		454		364
Accrual for uncertain tax positions		184		184		124
	$	3,932	$	5,612	$	3,280

As part of the lease agreement(see note 10), the lessor agreed to finance an amount of $3,963 out of the total cost of leasehold improvements in the office space. The loan is indexed to the consumer price index and bears an effective interest rate of 4.2%. The loan is paid over a period of ten years and is not subject to financial covenants.

The future payments of long-term loan as of March 31, 2020 (unaudited) were as follows:

Remainder of 2020	$	367
2021		507
2022		368
2023		368
2024 and thereafter		1,201
	$	2,811

The future payments of long-term loan as of December 31, 2019 were as follows:

2020	$	504
2021		526
2022		381
2023		382
2024 and thereafter		1,245
	$	3,038