Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of lease expense

The components of lease expense were as follows:

		Three Months Ended		Six Months Ended
		June 30,		June 30,
(in thousands)		2019		2019
Operating lease expense	$	116	$	232
Finance lease expense:
Amortization of leased assets		4		8
Interest on lease liabilities		2		3
Total finance lease expense		6		11
Total lease expense	$	122	$	243

Cash flow supplemental disclosures for leases

Supplemental cash flow information related to leases was as follows:

		Three Months Ended		Six Months Ended
		June 30,		June 30,
(in thousands)		2019		2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	161	$	321
Operating cash flows from finance leases		2		3
Financing cash flows from finance leases		5		9
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	-	$	1,638
Finance leases		-		-

Schedule of future minimum lease payments

As of June 30, 2019, maturities of lease liabilities were as follows:

		Operating		Finance
(in thousands)		leases		leases
Years Ended December 31,
2019	$	321	$	14
2020		656		27
2021		676		9
2022		696		-
2023		175		-
Thereafter		-		-
Total minimum lease payments		2,524		50
Less: amount representing interest		(262)		(5)
Present value of capital lease liabilities	$	2,262	$	45

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

(in thousands)		June 30, 2019
Operating leases
Operating lease right-of-use assets	$	1,477
Current portion of operating lease liability		646
Operating lease liability, net of current portion		1,615
Total operating lease liabilities	$	2,261
Finance leases
Property and equipment, at cost	$	66
Accumulated depreciation		(17)
Property and equipment, net	$	49
Current portion of finance lease obligations	$	23
Finance lease obligations, net of current portion		22
Total finance lease liabilities	$	45
Weighted Average Remaining Lease Term
Operating leases		4 years
Finance leases		2 years
Weighted Average Discount Rate
Operating leases		6.0%
Finance leases		13.8%

Lease guarantee future commitments

As of June 30, 2019, maturities of lease liabilities were as follows:

		Operating		Finance
(in thousands)		leases		leases
Years Ended December 31,
2019	$	321	$	14
2020		656		27
2021		676		9
2022		696		-
2023		175		-
Thereafter		-		-
Total minimum lease payments		2,524		50
Less: amount representing interest		(262)		(5)
Present value of capital lease liabilities	$	2,262	$	45