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Note 7 - Leases

6 Months Ended

Jun. 30, 2021

7.	Leases

The Company has noncancelable operating leases for offices, manufacturing facilities, warehouse space, automobiles and equipment expiring at various dates through 2030.

The components of lease expense for the three and six months ended June 30, 2021 and 2020 are as follows:

	Three Months Ended June 30,						Six Months Ended June 30
(in thousands)	2021			2020			2021			2020
Operating lease cost	$	506		$	544		$	1,023		$	1,079
Short term lease cost		55			43			101			85
Sublease income		(26	)		(25	)		(51	)		(132	)
Total lease cost	$	535		$	562		$	1,073		$	1,032

Supplemental cash flow information related to the Company's operating leases was as follows:

	Six Months Ended June 30,
(in thousands)	2021		2020
Cash paid for amounts included in the measurement of lease liabilities:	$	1,061	$	1,381
Right of use assets obtained in exchange for lease obligations:	$	400	$	387

Supplemental balance sheet information related to the Company's operating leases was as follows:

(in thousands)	June 30, 2021			December 31, 2020
Operating lease right-of use assets	$	7,241		$	7,761

Current portion, operating lease liabilities	$	2,061		$	2,111
Operating lease liabilities, long term		6,971			7,481
Total operating lease liabilities	$	9,032		$	9,592

Weighted average remaining lease term (years)		7.1			7.4
Weighted average discount rate		9.3	%		9.3	%

Maturities of operating lease liabilities at June 30, 2021 were as follows:

(in thousands)
2021 (remainder of year)	$	1,053
2022		2,044
2023		1,999
2024		1,732
2025		1,001
Thereafter		4,854
Total lease payments		12,683
Less imputed interest		(3,651	)
Total operating lease liabilities	$	9,032