InfuSystem Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

9 Months Ended

Sep. 30, 2021

The components of lease costs for the three and nine months ended September 30, 2021 and 2020 are as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Operating lease cost	$	302	$	410	$	998	$	1,238
Variable lease cost	65		64		180		253
Total lease cost	$	367	$	474	$	1,178	$	1,491

Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):


	Nine Months Ended September 30,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities and right of use assets:
Operating cash flow from operating leases	$	993	$	1,130

Right of use assets obtained in exchange for lease obligations:
Operating leases	$	288	$	260

Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:


	As of September 30,
	2021	2020

	Years	Years
Weighted average remaining lease term:	6.3	7.1

	Rate	Rate
Weighted average discount rate:	7.7%	7.8%

Future maturities of lease liabilities as of September 30, 2021 are as follows (in thousands):


	Operating Leases
2021	$	276
2022	1,183
2023	979
2024	949
2025	914
2026 and thereafter	2,253
Total undiscounted lease payments	6,554
Less: Imputed interest	(2,290)
Total lease liabilities	$	4,264