Motus GI Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

6 Months Ended

Jun. 30, 2019

An initial right-of-use asset of $1,065 was recognized as a non-cash asset and operating lease liabilities of $1,074 was recognized as a non-cash liability addition with the adoption of the new lease standard. Cash paid for amounts included in the present value of operating lease liabilities was $91 during the six months ended June 30, 2019, which is included in other current and non-current liabilities.

Other Information:
Weighted average remaining lease term – operating leases, in years	4.55
Weighted average discount rate – operating leases	7.63	%

Schedule of payments under non-cancellable operating leases

Future minimum lease payments under non-cancellable operating leases as of June 30, 2019 were as follows:

Twelve Months Ended December 31,	Amount
2019 (remaining six months)	$	173
2020		253
2021		191
2022		181
2023		184
Thereafter		141
Total future minimum lease payments	$	1,123
Imputed interest		(205	)
Total liability	$	918