Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.2
Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases  
Schedule of lease cost

The table below presents certain information related to lease costs for the Company’s operating leases (amounts in thousands):

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2023

    

2022

    

2023

    

2022

Operating lease expense

$

446

$

377

$

906

    

$

709

Short-term lease expense

 

141

115

 

302

 

227

Total lease cost

$

587

$

492

$

1,208

$

936

Schedule of weighted average remaining lease term and the weighted average discount rate related to operating leases

    

June 30, 2023

    

December 31, 2022

Weighted average remaining lease term (in years) - operating leases

4.3

4.7

Weighted average discount rate - operating leases

 

6.24

%  

6.19

%

Schedule of future lease payments

The following table presents the maturities of lease liabilities (amounts in thousands):

    

Operating

Years Ended December 31,

Leases

2023 (remaining)

$

1,019

2024

 

1,767

2025

 

1,484

2026

 

1,101

2027

 

969

2028 and thereafter

 

710

Total minimum lease payments

7,050

Less effects of discounting

(856)

Present value of future minimum lease payments

$

6,194