The Company entered into operating leases for office space for its headquarter, domestic and foreign subsidiaries and sales offices. Finance leases are primarily engineering design software. Operating leases generally have lease terms of 1 year to 5 years. Finance leases are generally 2 years to 3 years. During the nine months ended September 29, 2019, the Company recognized right-of-use assets of approximately $2.2 million and lease liability of approximately $2.1 million relating to the operating leases signed for the premises of its headquarters in San Jose, its San Diego office and its subsidiary SensiML in Oregon. The Company exited Sunnyvale premises lease in July 2019.

The following table provides the activity related to operating and finance leases (in thousands):

	Three Months Ended		Nine Months Ended
	September 29, 2019		September 29, 2019
Rent expenses relating to operating leases:
Fixed	$	186	$	596
Variable		—		—
Short term		6		33
Total		192		629
Finance lease amortization costs:
Amortization of ROU asset		91		273
Interest		3		14
Total	$	94	$	287

The following table provides the details of supplemental cash flow information (in thousands):

	Nine Months Ended
	September 29, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	633
Operating cash flows used for finance leases		20
Financing cash flows used for financing leases		283
Total	$	936
Right-of-use assets obtained in exchange for obligations:
Operating leases	$	1,920
Finance leases		250
Total	$	2,170

The following table provides the details of right-of-use assets and lease liabilities as of September 29, 2019 (in thousands):

	September 29, 2019
Right-of-use assets:
Operating leases	$	1,920
Finance leases		250
Total	$	2,170
Lease liabilities:
Operating leases		1,944
Finance leases		141
Total	$	2,085

The following table provided the details of future lease payments for operating and finance leases as of September 29, 2019 (in thousands):

Annual Fiscal Years	Operating			Finance
2019 (Remaining period)	$	157		$	86
2020		611			63
2021		494			—
2022		409			—
2023		421			—
Thereafter		106			—
Total lease payments		2,198			149
Less: Interest		(254	)		(8	)
Present value of lease liabilities	$	1,944		$	141

The following table provides the details of lease terms and discount rates as of September 29, 2019:

	September 29, 2019
Right-of-use assets:
Weighted-average remaining lease term (years)
Operating leases		4.00
Finance leases		0.44
Weighted-average discount rates:
Operating leases		5.99	%
Finance leases		6.89	%