Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.22.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2022
Leases  
SCHEDULE OF COMPONENTS OF LEASE COST

The following table provides a summary of the components of lease costs and rent (in thousands):

 

    2022     2021     2022     2021  
   

For the three months ended

June 30,

    

For the six months ended

June 30,

  
    2022     2021     2022     2021  
                         
Operating lease cost   $ 461     $ 434     $ 933     $ 868  
Variable lease cost     116       104       212       239  
Short-term lease cost     20       5       41       10  
Total operating lease costs   $ 597     $ 543     $ 1,186     $ 1,117  
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of the Company’s operating lease liabilities, which do not include short-term leases, as of June 30, 2022 are as follows:

 

Maturity of lease liabilities:   (in thousands)  
       
Remainder of 2022   $ 892  
2023     1,835  
2024     1,877  
2025     1,547  
2026     871  
Thereafter     3,663  
Total undiscounted operating lease payments     10,685  
Less: imputed interest     2,150  
Present value of operating lease liabilities   $ 8,535