Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.22.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Lease Expense and Supplemental Cash Flow Information
The components of lease expense and supplemental cash flow information related to leases for the periods are as follows (in thousands):
Three months ended June 30, 2022 Six months ended June 30, 2022
Lease cost
Operating lease cost 349 $ 772
Short-term lease cost 105 208
   Total lease cost
$ 454 $ 980
Other information
Cash paid for amounts included in the measurement of lease liabilities
   Operating cash flows from operating leases $ 427
Right-of-use assets obtained in exchange for new operating lease liabilities $ 80
Weighted-average remaining lease term (in years) - operating leases 9.7
Discount rates
Weighted-average discount rate - operating leases 4.1  %
Schedule of Supplemental Balance Sheet Information Related to Leases
The supplemental balance sheet information related to leases for the period is as follows (in thousands):
June 30, 2022
Operating leases
Operating lease right-of-use assets $ 11,846 
Accrued expenses $ 980 
Other long-term liabilities 11,656 
   Total operating lease liabilities $ 12,636 
Lessee, Operating Lease, Liability, Maturity
Maturities of the Company’s lease liabilities are as follows (in thousands):
Year Ending Operating Leases
2022 (July through December) $ 693 
2023 1,524 
2024 1,513 
2025 1,553 
2026 1,460 
2027 1,469 
Thereafter 7,310 
   Total lease payments 15,522 
Less: Imputed interest (2,886)
   Present value of lease liabilities $ 12,636