Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.21.1
Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of right-of-use assets
Right-of-use assets is summarized below (in thousands):
As of December 31,
2020
As of December 31, 2019
Palo Alto, CA Office $ 630  $ 808 
Encino, CA Office 194  188 
Hyderabad, India Office 365  375 
Coquitlam, Canada Office 96  273 
Westminster, Canada Office 10  10 
Toronto, Canada Office 949  405 
Ratingen, Germany Office 18  — 
Berlin, Germany Office 583  — 
Slough, United Kingdom Office 34  — 
Less accumulated amortization (802) (474)
Right-of-use asset, net $ 2,077  $ 1,585 
Schedule of lease liability
Lease liability is summarized below (in thousands):
As of December 31, 2020 As of December 31, 2019
Total lease liability $ 2,104  $ 1,613 
Less: short term portion (647) (776)
Long term portion $ 1,457  $ 837 
Schedule of maturity analysis under the lease agreement
Maturity analysis under the lease agreement is as follows (in thousands):
Year ending December 31, 2021 $ 694 
Year ending December 31, 2022 618 
Year ending December 31, 2023 369 
Year ending December 31, 2024 276 
Year ending December 31, 2025 261 
Year ending December 31, 2026 109 
Total $ 2,327 
Less: Present value discount (223)
Lease liability $ 2,104