Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.22.2.2
LEASES (Tables)
 9 Months Ended
Sep. 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

September 30,

    

For the nine months ended

September 30,

  
    2022     2021     2022     2021  
                         
Operating lease cost   $ 467     $ 434     $ 1,400     $ 1,302  
Variable lease cost     154       105       366       344  
Short-term lease cost     17       13       58       23  
Total operating lease costs   $ 638     $ 552     $ 1,824     $ 1,669  
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

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

 

Maturity of lease liabilities:   (in thousands)  
       
Remainder of 2022   $ 446  
2023     1,829  
2024     1,872  
2025     1,631  
2026     871  
Thereafter     3,662  
Total undiscounted operating lease payments     10,311  
Less: imputed interest     2,017  
Present value of operating lease liabilities   $ 8,294