Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
The components of lease cost were as follows (in thousands):
 
Three Months Ended
 March 31,
Operating lease cost
$
193

Finance lease cost:
 
Amortization of right of use assets
13

Interest on lease liabilities
2

Total finance cost
15

Total lease cost
$
208

Other information related to leases were as follows (in thousands):
 
Three Months Ended
 March 31,
Supplemental cash flow information:
 
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flow from operating leases
$
96

Operating cash flow from finance leases
13

Financing cash flow from finance leases
11

ROU assets obtained in exchange for new lease obligations
 
Finance leases
$
148

Weighted-average remaining lease term:
 
Operating leases
3.3 years

Finance leases
2.8 years

Weighted-average discount rate:
 
Operating leases
10.0
%
Finance leases
6.2
%
Assets And Liabilities, Lessee
The Company's ROU assets and lease liabilities were reported in the condensed consolidated balance sheet as follows (in thousands):
Leases
Classification on Balance Sheet
March 31,
2019
Assets
 
 
Operating
Right of use assets – operating leases
$
1,128

Finance
Property and equipment
224

Total lease assets
 
$
1,352

Liabilities
 
 
Current
 
 
Operating
Operating lease liabilities
$
549

Finance
Financing obligations
79

Non-current
 
 
Operating
Operating lease liabilities, non-current
1,021

Finance
Financing obligations, non-current
146

Total lease liabilities
 
$
1,795

Lessee, Operating Lease, Liability, Maturity
Future payments used in the measurement of lease liabilities on the condensed consolidated balance sheet as of March 31, 2019 are as follows (in thousands):
 
Operating
leases
 
Finance
leases
Remainder of 2019
$
566

 
$
68

2020
427

 
91

2021
435

 
80

2022
393

 
5

2023
20

 

Total undiscounted lease payments
1,841

 
244

Less amount representing interest
(271
)
 
(19
)
Present value of lease liabilities
$
1,570

 
$
225

Finance Lease, Liability, Maturity
Future payments used in the measurement of lease liabilities on the condensed consolidated balance sheet as of March 31, 2019 are as follows (in thousands):
 
Operating
leases
 
Finance
leases
Remainder of 2019
$
566

 
$
68

2020
427

 
91

2021
435

 
80

2022
393

 
5

2023
20

 

Total undiscounted lease payments
1,841

 
244

Less amount representing interest
(271
)
 
(19
)
Present value of lease liabilities
$
1,570

 
$
225

Schedule of Long-term Debt Instruments
The Company's term loan is reported in the condensed consolidated balance sheets as follows (in thousands):
 
March 31,
2019
 
December 31,
2018
Term loan, at face value
$
4,000

 
$
4,000

Unamortized original issue discount
(373
)
 
(481
)
Unamortized debt issuance costs
(68
)
 
(88
)
Term loan
$
3,559

 
$
3,431