Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Information related to Right-of-use Assets and Liabilities

Information related to the Company’s right-of-use assets and related liabilities were as follows (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cash paid for operating lease liabilities

$

84

 

 

$

62

 

 

$

219

 

 

$

185

 

Right-of-use assets obtained in exchange for new operating
   lease obligations

$

 

 

$

 

 

$

562

 

 

$

48

 

Weighted-average remaining lease term

2.9 years

 

 

3.8 years

 

 

2.9 years

 

 

3.8 years

 

Weighted-average discount rate

 

12.3

%

 

 

12.3

%

 

 

12.3

%

 

 

12.3

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2022 for leases that have commenced are as follows (in thousands):

 

 

 

September 30,

 

2023

 

$

831

 

2024

 

 

826

 

2025

 

 

644

 

2026

 

 

144

 

2027 and thereafter

 

 

 

Total future minimum lease obligations

 

 

2,445

 

Less imputed interest

 

 

(402

)

Total lease liabilities

 

$

2,043

 

 

 

 

 

Current operating lease liabilities, included in
   accrued liabilities

 

$

615

 

Non current lease liabilities

 

 

1,428

 

Total lease liabilities

 

$

2,043

 

Future minimum rental commitments under lease agreements with non-cancelable Operating Leases

Future minimum rental commitments under lease agreements, as of September 30, 2022, with non-cancelable terms greater than one year for each of the years ending December 31 are as follows (in thousands):

 

 

 

 

Year Ended

 

 

 

 

December 31,

 

Remainder of 2022

 

 

$

205

 

2023

 

 

 

834

 

2024

 

 

 

822

 

2025

 

 

 

584

 

2026 and thereafter

 

 

 

 

Total future minimum lease obligations

 

 

 

2,445

 

Less imputed interest

 

 

 

(402

)

Total lease liabilities

 

 

$

2,043