NOTE 6 - LEASES

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

NOTE 6 - 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 September 30, 2019:

For the years ending December 31:

	Operating Lease Commitments
(in thousands)
2019 (remaining)	$	187
2020		745
2021		674
2022		307
2023		87
Thereafter		217
Total	$	2,217
Less Imputed interest		(222	)
Total operating lease liabilities	$	1,995

Cash paid for operating lease liabilities for the three and nine months ended September 30, 2019 was $188,000 and $569,000, respectively. There were no new or modified leases during the nine months ended September 30, 2019.

The following table presents supplemental balance sheet information related to leases as of September 30, 2019:

	Balance at September 30, 2019
(in thousands)
Right-of-use assets (Long-term other assets)	$	1,688
Lease liability-short term (Other accrued liabilities)		661
Lease liability-long term (Long-term other payables)		1,334

At September 30, 2019, the weighted average remaining lease term is 3.58 years and the weighted average discount rate used is 5%.

The components of our lease expense for the three and nine months ended September 30, 2019 include operating lease costs of $213,000 and $486,000, respectively, and short-term lease costs of $5,000 and $15,000, 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.