Leases (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Lease Assets and Liabilities Obligations

The following table summarizes the supplemental balance sheet information related to lease assets and lease liabilities as of June 30, 2021 and December 31, 2020 (in thousands):


	Classification	June 30, 2021		December 31, 2020
Assets
Operating lease assets	Right-of-use assets	$	602	$	786
Finance lease assets	Property and equipment, net of accumulated depreciation	95		6,781
Total lease assets		$	697	$	7,567
Liabilities
Current
Operating	Current portion of operating lease obligations	$	271	$	362
Finance	Current portion of finance lease obligation	17		—
Finance	Current portion of finance lease obligation - related parties	—		648
Noncurrent
Operating	Long-term portion of operating lease obligation	393		490
Finance	Long-term portion of finance lease obligations	71		—
Total lease liabilities		$	752	$	1,500

Schedule of Lease Expenses

The following table summarizes the components of lease expense for the three and six months ended June 30, 2021 and 2020 (in thousands, unaudited):


Lease Cost	Classification	Three Months Ended June 30,				Six Months Ended June 30,
		2021		2020		2021		2020
Operating lease cost	Cost of sales	$	34	$	41	$	77	$	80
Operating lease cost	Selling, general and administrative expenses	46		90		123		181
Finance lease cost
Amortization of leased assets	Depreciation	6		292		9		585
Interest on lease liabilities	Interest expense	3		135		15		296
Net lease cost		$	89	$	558	$	224	$	1,142

Schedule of Future Minimum Lease Payments for Operating and Finance Obligation

The following schedule presents the future minimum lease payments for our operating and finance obligations at June 30, 2021 (in thousands):


	Operating Leases		Finance Leases		Total
Remainder 2021	$	204	$	13	$	217
2022	212		25		237
2023	145		25		170
2024	149		42		191
2025	25		—		25
Thereafter	—		—		—
Total lease payments	735		105		840
Less: Interest	(71)		(17)		(88)
Present value of lease liabilities	$	664	$	88	$	752

Schedule of Lease Costs and Terms for Operating and Finance Lease Obligations

Lease term and discount rates for our operating and finance lease obligations are as follows:


Lease Term and Discount Rate						June 30, 2021
Weighted-average remaining lease term (years)
Operating leases						2.7
Finance leases						2.6
Weighted-average discount rate
Operating leases						7.2%
Finance leases						10.7%

Schedule of Supplemental Cash Flow Information Related To Leases

The following table summarizes the supplemental cash flow information related to leases for the six months ended June 30, 2021 and 2020:


Other information	June 30, 2021		June 30, 2020
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	187	$	237
Financing cash flows from finance leases	668		1,694
Interest paid	30		235
Noncash activities from right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	—	$	73