Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
6 Months Ended
Jun. 30, 2022
Lessee Disclosure [Abstract]  
Schedule of balance sheet location disclosure

 

 

Balance Sheet Location

 

June 30, 2022

 

Assets

 

 

 

 

 

    Operating

 

Right-of-use operating lease assets, net

 

$

8,081

 

    Financing

 

Right-of-use financing lease assets, net

 

 

2,363

 

    Total lease assets

 

 

 

$

10,444

 

Liabilities

 

 

 

 

 

  Current

 

 

 

 

 

    Operating

 

Current operating lease liability

 

$

2,976

 

    Financing

 

Current financing lease liability

 

 

190

 

  Non-Current

 

 

 

 

 

    Operating

 

Long-term operating lease liability

 

 

5,160

 

    Financing

 

Long-term financing lease liability

 

 

2,227

 

  Total lease liability

 

 

 

$

10,553

 

Schedule of lease cost

The following table sets forth our lease costs included in our unaudited consolidated statement of comprehensive income (loss):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2022

 

Operating lease cost

 

$

817

 

 

$

1,620

 

Short-term lease cost

 

 

4

 

 

 

8

 

Financing lease cost:

 

 

 

 

 

 

   Amortization of ROU assets

 

 

54

 

 

 

108

 

   Interest on lease liabilities

 

 

34

 

 

 

69

 

Sublease income

 

 

(34

)

 

 

(68

)

Total lease costs

 

$

875

 

 

$

1,737

 

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

 

 

June 30, 2022

 

Weighted-average remaining lease term (years)

 

 

 

Operating

 

 

3.6

 

Financing

 

 

8.6

 

Weighted-average discount rate

 

 

 

Operating

 

 

4.2

%

Financing

 

 

5.6

%

 

Summary of maturities of leases

Maturities of Leases

 

 

 

Operating Leases

 

 

Financing Leases

 

 

Total

 

Remainder of 2022

 

$

1,802

 

 

$

159

 

 

$

1,961

 

2023

 

 

2,951

 

 

 

325

 

 

 

3,276

 

2024

 

 

1,780

 

 

 

335

 

 

 

2,115

 

2025

 

 

1,126

 

 

 

345

 

 

 

1,471

 

2026

 

 

638

 

 

 

356

 

 

 

994

 

Thereafter

 

 

693

 

 

 

1,566

 

 

 

2,259

 

   Total future lease payments

 

 

8,990

 

 

 

3,086

 

 

 

12,076

 

   Less: Discount

 

 

854

 

 

 

669

 

 

 

1,523

 

   Present value of lease liability

 

$

8,136

 

 

$

2,417

 

 

$

10,553

 

Schedule of Future Minimum Lease Payments Obligations

As of December 31, 2021, future minimum lease payment obligations were as follows:

 

 Year

 

Total

 

2022

 

$

3,212

 

2023

 

 

3,027

 

2024

 

 

1,959

 

2025

 

 

1,253

 

2026

 

 

443

 

Thereafter

 

 

328

 

Total future lease payments

 

$

10,222