Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease, Cost
The components of the Company’s operating lease costs consisted of the following (in thousands):
Years Ended December 31,
2021 2020 2019
Operating lease cost $ 1,316  $ 1,617  $ 1,948 
Variable lease cost 243  315  291 
Total lease cost $ 1,559  $ 1,932  $ 2,239 
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):
Years Ended December 31,
2021 2020 2019
Cash paid for amounts included in the measurement of lease liabilities and ROU assets:
Operating cash flow from operating leases $ 1,271  $ 1,603  $ 1,610 
ROU assets obtained in exchange for lease obligations:
Operating leases $ 926  $ 264  $ 4,545 
Reductions to ROU assets resulting from reductions to lease obligations:
Operating leases $ —  $ —  $ 22 
Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:
2021 2020
Years Years
Weighted average remaining lease term: 6.3 7.0
Rate Rate
Weighted average discount rate: 7.5% 7.8%
Lessee, Operating Lease, Liability, Maturity
Future maturities of lease liabilities as of December 31, 2021 are as follows (in thousands):
Operating Leases
2022 $ 1,224 
2023 1,065 
2024 1,060 
2025 1,029 
2026 941 
Thereafter 1,783 
Total undiscounted lease payments 7,102 
Less: Imputed interest (2,434)
Total lease liabilities $ 4,668