Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lease, Cost
The components of lease costs for the three months ended March 31, 2022 and 2021 are as follows (in thousands):
  Three Months Ended
March 31,
  2022 2021
Operating lease cost $ 329  $ 348 
Variable lease cost 74  57 
Total lease cost $ 403  $ 405 
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):
  Three Months Ended
March 31,
2022 2021
Cash paid for amounts included in the measurement of lease liabilities and right of use assets:    
Operating cash flow from operating leases $ 359  $ 375 
 
Right of use assets obtained in exchange for lease obligations:
Operating leases $ —  $ 281 
Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:
  As of March 31,
  2022 2021
 
 
Years
Years
Weighted average remaining lease term: 6.2 6.6
  Rate Rate
Weighted average discount rate: 7.6% 7.7%
Lessee, Operating Lease, Liability, Maturity
Future maturities of lease liabilities as of March 31, 2022 are as follows (in thousands):
 
Operating
Leases
2022 $ 869 
2023 1,065 
2024 1,060 
2025 1,029 
2026 941 
2027 and thereafter
1,783 
Total undiscounted lease payments 6,747 
Less: Imputed interest (2,374)
Total lease liabilities $ 4,373