NOTE 5 - LEASES

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

NOTE 5 - LEASES

Our leasing arrangements are primarily for facility leases we use to conduct our operations. The following table presents our future lease payments for long-term operating leases as of June 30, 2020:

	Operating Lease Commitments
(in thousands)
2020 (remaining)	$	381
2021		711
2022		317
2023		91
2024		83
Thereafter		141
Total	$	1,724
Less Imputed interest		(198	)
Total operating lease liabilities	$	1,526

Cash paid for operating lease liabilities for the three and six months ended June 30, 2020 was $189,000 and $374,000, respectively.  There was one new or modified leases during the six months ended June 30, 2020 included in the lease liability for approximately $15,000 relating to a new three-year automobile lease.

The following table presents supplemental balance sheet information related to leases as of June 30, 2020:

	Balance at June 30, 2020		Balance at December 31, 2019
(in thousands)
Right-of-use assets (Long-term other assets)	$	1,297	$	1,574
Lease liability-short term (Other accrued liabilities)		692		678
Lease liability-long term (Long-term other payables)		834		1,178

At June 30, 2020, the weighted average remaining lease term is 3.08 years and the weighted average discount rate used is 5%.

The components of our lease expense for the three and six months ended June 30, 2020 include operating lease costs of $164,000 and $326,000, respectively, and short-term lease costs of $8,000 and $16,000, respectively.

Our real estate facility leases are described below:

During the third quarter of 2017, we amended our lease agreement, extending the lease for the Redmond, Washington headquarters facility through July 31, 2022.  This lease is for approximately 20,460 square feet.

We signed a lease agreement effective November 1, 2015 that extends the lease for a facility located in Shanghai, China through October 31, 2021.  This lease is for approximately 19,400 square feet.

During the fourth quarter of 2016, we signed a lease agreement for a new facility located near Munich, Germany which was effective March 1, 2017 and extends the lease through February 28, 2022.  This lease is for approximately 4,895 square feet.