Note 10 - Leases

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

(10)  LEASES 

As previously discussed in Note 2, we account for our leases in accordance with the guidance in ASC Topic 842. We lease our offices, warehouse facilities and certain equipment under non-cancellable operating leases that expire at various dates through 2031. Total operating lease and short-term lease costs for the three months ended March 31, 2022 and 2021, respectively, were as follows: 

	Three Months Ended March 31,
	2022		2021
Operating lease cost	$	326	$	324
Short-term lease cost	$	30	$	8

The following is additional information about our leases as of March 31, 2022:

Range of remaining lease terms (in years)	1.0	to	9.1
Weighted average remaining lease term (in years)		5.5
Weighted average discount rate		4.2%

Maturities of lease liabilities as of March 31, 2022 were as follows:

2022	$	1,227
2023		1,636
2024		1,573
2025		735
2026		467
Thereafter		1,378
Total lease payments	$	7,016
Less imputed interest		(696	)
Total	$	6,320

Cash Flow Information

Total amortization of ROU assets for the three months ended March 31, 2022 and 2021 was $309 and $280, respectively.

During the three months ended March 31, 2022, we executed an amendment to the lease for our facility in Singapore which extended the term for a period of 24 months commencing on April 1, 2022 and expiring on March 31, 2024. At the effective date of this modification, we recorded a non-cash increase in our ROU assets and operating lease liabilities of approximately $51.