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Leases | 6 Months Ended
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Jun. 30, 2019
Leases [Abstract] |
Leases | Note 8 — Leases 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 second quarter of 2019, the Company recognized right-of-use assets of approximately $1.7 million and lease liability of approximately $1.7 million relating to the new operating leases signed for the premises of its headquarters in San Jose and its subsidiary SensiML in Oregon. The following table provides the details of operating and finance lease costs (in thousands):
| Three Months Ended |  |  | Six Months Ended |
| June 30, 2019 |  |  | June 30, 2019 |
Operating lease costs: |  |  |  |  |  |  |
Fixed | $ | 259 |  |  | $ | 411 |
Variable |  | - |  |  |  | - |
Short term |  | 9 |  |  |  | 27 |
Total |  | 268 |  |  |  | 438 |
Finance lease costs: |  |  |  |  |  |  |
Amortization of ROU asset |  | 91 |  |  |  | 182 |
Interest |  | 5 |  |  |  | 11 |
Total | $ | 96 |  |  | $ | 193 |
The following table provides the details of supplemental cash flow information (in thousands):
|  | Six Months Ended |
|  | June 30, 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows used for operating leases |  | $ | 451 |
Operating cash flows used for finance leases |  |  | 10 |
Financing cash flows used for financing leases |  |  | 194 |
Total |  | $ | 655 |
Right-of-use assets obtained in exchange for obligations: |  |  |  |
Operating leases |  | $ | 2,076 |
Finance leases |  |  | 341 |
Total |  | $ | 2,417 |
The following table provides the details of right-of-use assets and lease liabilities as of June 30, 2019 (in thousands):
|  | June 30, 2019 |
Right-of-use assets: |  |  |  |
Operating leases |  | $ | 2,076 |
Finance leases |  |  | 341 |
Total |  | $ | 2,417 |
Lease liabilities: |  |  |  |
Operating leases |  |  | 2,100 |
Finance leases |  |  | 230 |
Total |  | $ | 2,330 |
The following table provided the details of future lease payments for operating and finance leases as of June 30, 2019 (in thousands): .
Annual Fiscal Years |  | Operating |  |  | Finance |
2019 (Remaining period) |  | $ | 339 |  |  | $ | 183 |
2020 |  |  | 613 |  |  |  | 64 |
2021 |  |  | 494 |  |  |  | - |
2022 |  |  | 409 |  |  |  | - |
2023 |  |  | 421 |  |  |  | - |
Thereafter |  |  | 106 |  |  |  | - |
Total lease payments |  |  | 2,382 |  |  |  | 247 |
Less: Interest |  |  | (282 | ) |  |  | (17 | )
Present value of lease liabilities |  | $ | 2,100 |  |  | $ | 230 |
The following table provides the details of lease terms and discount rates as of June 30, 2019:
|  | June 30, 2019 |
Right-of-use assets: |  |  |  |
Weighted-average remaining lease term (years) |  |  |  |
Operating leases |  | 4.17 |
Finance leases |  |  | 0.76 |
Weighted-average discount rates: |  |  |  |
Operating leases |  |  | 5.99 | %
Finance leases |  |  | 7.00 | %

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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