Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases  
Components of Lease Expense and Supplemental Information

The components of operating and finance lease expenses for the three and nine months ended September 30, 2022 and 2021 are as follows:

 

Components of Lease Expense and Supplemental Information

    2022     2021     2022     2021  
    Three months ended
September 30,		     Nine months ended
September 30,		  
    2022     2021     2022     2021  
Operating lease costs   $ 110     $ 149     $ 332     $ 441  
Finance lease costs:                                
Depreciation of ROU assets     61       -       141       -  
Interest on lease liabilities     11       -       25       -  
Total finance lease cost     72       -       166       -  
Variable lease costs     -       -       -       -  
Short-term lease costs     -       -       -       -  
Total lease cost   $ 182     $ 149     $ 498     $ 441  
Schedule of Amounts Reported in the Consolidated Balance Sheet

Amounts reported in the condensed consolidated balance sheets as of September 30, 2022 and December 31, 2021 are as follows:

 

Schedule of Amounts Reported in the Consolidated Balance Sheet

    2022     2021  
Operating leases:                
Operating lease ROU assets, net   $ 1,617     $ 673  
Operating lease current liabilities     303       174  
Operating lease long-term liabilities     1,383       516  
Total operating lease liabilities     1,686       690  
Finance leases:                
Equipment     743       477  
Accumulated depreciation     (181 )     (63 )
Finance leases, net     562       414  
Current installment obligations under finance leases     247       157  
Long-term portion of obligations under finance leases     338       293  
Total finance lease liabilities   $ 585     $ 450  
Schedule of Other Information Related to Lease

Other information related to leases from continuing operations for the nine months ended September 30, are as follows:

 

 

    2022     2021  
Supplemental cash flow information:                
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flow from operating leases   $ 193     $ 263  
Financing cash flow from finance leases     135       -  
Weighted average remaining lease term:                
Operating leases     4.69 years       5.68 years  
Finance leases     2.29 years       -  
Weighted average discount rate:                
Operating leases     8.3 %     9.9 %
Finance leases     6.9 %     -  
Schedule of Annual Payments of Lease Liabilities Under Noncancelable Leases

Annual payments of lease liabilities under noncancelable leases from continuing operations as of September 30, 2022 are as follows:

 

Schedule of Annual Payments of Lease Liabilities Under Noncancelable Leases

    Operating leases     Finance leases  
Remainder of 2022   $ 106     $ 70  
2023     433       280  
2024     423       235  
2025     427       51  
2026     441       -  
2027     215       -  
Thereafter     -       -  
Total undiscounted lease payments     2,045       636  
Less: Imputed interest     (359 )     (51 )
Total lease liabilities   $ 1,686     $ 585