Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases  
Summary of Quantitative Information About Operating Leases

The following summarizes quantitative information about our operating leases (amounts in thousands):

 

Summary of Quantitative Information About Operating Leases

                                 
    For the three months ended     For the nine months ended  
    September 30, 2022     September 30, 2021     September 30, 2022     September 30, 2021  
Operating leases                                
Operating lease cost   $ 204     $ 204     $ 612     $ 611  
Operating lease expense     204       204       612       611  
Total rent expense   $ 204     $ 204     $ 612     $ 611  

 

                 
    For the nine months ended  
    September 30, 2022     September 30, 2021  
Operating cash flows used in operating leases   $ (580 )   $ (168 )
Weighted-average remaining lease term – operating leases (in years)     8.8       9.7  
Weighted-average discount rate – operating leases     10.00 %     10.00 %
Schedule of Maturity of Operating Leases

Maturities of the Company’s operating leases, excluding short-term leases, are as follows (in thousands):

Schedule of Maturity of Operating Leases 

         
Remaining periods in the year ended December 31, 2022   $ 193  
Year Ended December 31, 2023     739  
Year Ended December 31, 2024     747  
Year Ended December 31, 2025     768  
Year Ended December 31, 2026     783  
Thereafter     3,876  
Total     7,106  
Less present value discount     (2,468 )
Operating lease liabilities   $ 4,638