Climb Global Solutions Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Right-of-use Asset and Lease Liability (Tables)

Right-of-use Asset and Lease Liability (Tables)

12 Months Ended

Dec. 31, 2019

Right-of-use Asset and Lease Liability

Schedule of information relating to right-of-use assets and related lease liabilities


		Year ended
		December 31,
		2019
Cash paid for operating lease liabilities		$	460
Right-of-use assets obtained in exchange for new operating lease obligations (1)		$	2,163
Weighted-average remaining lease term			7.2 years
Weighted-average discount rate			3.4%

Schedule of maturities of lease liabilities

Maturities of lease liabilities as of December 31, 2019 were as follows:


2020		$	438
2021			405
2022			414
2023			463
2024			473
Thereafter			1,100
			3,293
Less: imputed interest			(721)
Total lease liabilities		$	2,572

Lease liabilities, current portion			383
Lease liabilities, net of current portion			2,189
Total lease liabilities		$	2,572