
11.	LEASES

The Company enters into operating leases primarily for: real estate, including for manufacturing, engineering, research, administration and sales facilities, and information technology ("IT") equipment. At March 30, 2019 and December 29, 2018, the Company did not have any finance leases. Approximately 86% of our future lease commitments, and related lease liability, relate to the Company's real estate leases. Some of the Company's leases include options to extend or terminate the lease.

The components of lease expense were as follows:



	Three months ended
	March 30, 2019		March 31, 2018
Operating lease cost	$	301,000	$	357,000

At March 30, 2019, the Company's future lease payments under non-cancellable leases were as follows:



2019 (excluding the three months ended March 30, 2019)	$	903,000
2020	1,223,000
2021	1,032,000
2022	656,000
2023	204,000
Thereafter	—
Total future lease payments	4,018,000
Less imputed interest	(430,000		)
Total	$	3,588,000

The Company's lease liabilities recognized in the Company's condensed consolidated balance sheet at March 30, 2019 was as follows:



	March 30, 2019
Operating lease liabilities—current	$	1,002,309
Operating lease liabilities—noncurrent	2,585,906
Total lease liabilities	$	3,588,215

Supplemental cash flow information related to leases was as follows:



	Three months ended
	March 30, 2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	298,000
Right-of-use assets obtained in exchange for new operating lease obligations	243,000

Other information related to leases was as follows:



	March 30, 2019
Weighted Average Discount Rate—Operating Leases	6.11	%
Weighted Average Remaining Lease Term—Operating Leases (in years)	3.7

Prior to December 30, 2018, the Company accounted for its leases in accordance with Topic 840, Leases. At December 29, 2018, the Company was committed under operating leases for buildings, office space and equipment, which expired at various dates. As previously disclosed in our 2018 Annual Report and under previous lease guidance, future minimum lease payments under non-cancelable operating leases as of December 29, 2018 were as follows:



Fiscal year ending,	Amount
2019	$	1,210,000
2020	1,112,000
2021	921,000
2022	616,000
2023	201,000
Thereafter	—
Total	$	4,060,000