Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31, 

2022

    

2021

Operating lease expense

$

332

    

$

48

Short-term lease expense

 

112

 

28

Total lease cost

$

444

$

76

Schedule of weighted average remaining lease term and the weighted average discount rate for the Company's operating leases

    

March 31, 2022

    

December 31, 2021

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

4.48

4.98

Weighted average discount rate - operating leases

 

6.15

%

5.91

%

Schedule of future lease payments

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

    

Operating

Years Ended December 31,

Leases

2022 (remaining)

1,043

2023

 

1,311

2024

 

1,083

2025

 

847

2026

 

507

2027 and thereafter

623

Total minimum lease payments

5,414

Less effects of discounting

 

(627)

Present value of future minimum lease payments

$

4,787