Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.19.2
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2019
Commitments And Contingencies  
Schedule of operating lease

   

Three Months

Ended June 30, 2019

   

Six Months

Ended June 30, 2019

 
Operating lease expense   $ 40,000     $ 74,000  

Cash paid for amounts included in the measurement of operating

lease obligations

  $ 33,000     $ 67,000  

Schedule of operating leases were recorded in the condensed consolidated balance sheet
    As of  
    June 30, 2019  
Operating lease right-of-use assets   $ 63,000  
Operating lease obligations – current   $ 64,000  
Total lease obligations   $ 64,000  

 

Weighted average remaining lease term (in months)

    8  
Weighted average discount rate     5.5 %
Schedule of measurement of lease liabilities
    Operating Leases  
2019 – remaining period   $ 45,000  
2020     20,000  
Total future minimum lease payments     65,000  
Less imputed interest     (1,000 )
Total operating lease liability   $ 64,000