Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASES (Details 1)

v3.19.1
OPERATING LEASES (Details 1)
Mar. 31, 2019
USD ($)
Maturity of lease liabilities:  
2019, remainder $ 1,266,000
2020 1,699,000
2021 1,713,000
2022 1,727,000
2023 1,741,000
Thereafter 3,667,000
Total undiscounted operating lease payments 11,813,000
Less: imputed interest 3,196,000
Total operating lease liabilities 8,617,000
Balance sheet classification:  
Current portion of lease liability 1,690,000
Long-term lease liability 6,927,000
Total operating lease liabilities $ 8,617,000
Other information:  
Weighted-average remaining lease term for operating leases 82 months
Weighted-average discount rate for operating leases 9.60%