Leases

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Leases

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three months ended March 31, 2020 and 2019 (in thousands):

	Three Months Ended March 31,
	2020		2019
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	284	$	82
ROU assets obtained in exchange for lease obligations
Operating leases	$	17	$	—
Lease Cost
Operating leases	$	319	$	82
Short-term leases	$	32	$	295

The weighted average remaining lease term on our operating leases is 5.1 years. The weighted average discount rate on those leases is 7%.

The following presents maturities of operating lease liabilities in which we are the lessee as of March 31, 2020 (in thousands):

Remainder of 2020	$	529
2021	774
2022	882
2023	980
2024	1,055
Thereafter	518
Total lease payments	4,738
Less imputed interest	(819)
	$	3,919

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of March 31, 2020, the total net investment in these leases was $1.2 million. The following presents maturities of lease receivables under sales-type leases as of March 31, 2020 (in thousands):

Remainder of 2020	$	361
2021	394
2022	337
2023	79
2024	25
Thereafter	—
Total undiscounted cash flows	1,196
Less imputed interest	—
Present value of lease payments	$	1,196

Leases

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three months ended March 31, 2020 and 2019 (in thousands):

	Three Months Ended March 31,
	2020		2019
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	284	$	82
ROU assets obtained in exchange for lease obligations
Operating leases	$	17	$	—
Lease Cost
Operating leases	$	319	$	82
Short-term leases	$	32	$	295

The weighted average remaining lease term on our operating leases is 5.1 years. The weighted average discount rate on those leases is 7%.

The following presents maturities of operating lease liabilities in which we are the lessee as of March 31, 2020 (in thousands):

Remainder of 2020	$	529
2021	774
2022	882
2023	980
2024	1,055
Thereafter	518
Total lease payments	4,738
Less imputed interest	(819)
	$	3,919

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of March 31, 2020, the total net investment in these leases was $1.2 million. The following presents maturities of lease receivables under sales-type leases as of March 31, 2020 (in thousands):

Remainder of 2020	$	361
2021	394
2022	337
2023	79
2024	25
Thereafter	—
Total undiscounted cash flows	1,196
Less imputed interest	—
Present value of lease payments	$	1,196