BIOLASE, 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, 2022

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


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2022			2021			2022			2021
Cash paid for operating lease liabilities	$	69		$	197		$	135		$	263
Right-of-use assets obtained in exchange for new operating lease obligations	$	118		$	48		$	562		$	48
Weighted-average remaining lease term	3.2 years			4.2 years			3.2 years			4.2 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 June 30, 2022 for leases that have commenced are as follows (in thousands):


	June 30,
2023	$	832
2024		828
2025		703
2026		292
2027 and thereafter		—
Total future minimum lease obligations		2,655
Less imputed interest		(472	)
Total lease liabilities	$	2,183

Current operating lease liabilities, included in accrued liabilities	$	591
Non current lease liabilities		1,592
Total lease liabilities	$	2,183

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

Future minimum rental commitments under lease agreements, as of June 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	$	415
2023		834
2024		822
2025		584
2026 and thereafter		—
Total future minimum lease obligations		2,655
Less imputed interest		(472	)
Total lease liabilities	$	2,183