XML 48 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Summary of Lease Costs The following summarizes quantitative information about the Company’s operating leases (table in thousands):
Three Months Ended September 30, 2021Three Months Ended September 30, 2020Nine Months Ended September 30, 2021Nine Months Ended September 30, 2020
Operating leases
Operating lease cost$457 $382 $1,309 $1,228 
Variable lease cost94 90 286 403 
Operating lease expense551 472 1,595 1,631 
Finance leases
Amortization of right-of-use assets73 — 184 — 
Interest on lease obligations22 — 55 — 
Finance lease expense95 — 239 — 
Short-term lease rent expense12 12 
Total rent expense$650 $476 $1,846 $1,643 
Other information
Operating cash flows from operating leases$444 $393 $1,298 $1,248 
Operating cash flows from finance leases$22 $— $56 $— 
Financing cash flows from finance leases$59 $— $152 $— 
Right of use assets exchanged for operating lease liabilities$718 $— $4,089 $— 
Right of use assets exchanged for finance lease liabilities$588 $— $1,365 $— 
Weighted-average remaining lease term – operating leases3.72.33.72.3
Weighted-average remaining lease term – finance leases5.50.05.50.0
Weighted-average discount rate – operating leases6.3 %6.8 %6.3 %6.8 %
Weighted-average discount rate – finance leases5.9 %— %5.9 %— %
Operating Lease Maturities
Future minimum rental payments under operating lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2021 (remaining)$470 $103 
Year ending December 31, 20221,746 418 
Year ending December 31, 20231,429 424 
Year ending December 31, 20241,076 424 
Year ending December 31, 2025616 426 
Remaining future payments345 526 
Total$5,682 $2,321 
Less present value discount(607)(338)
Operating and finance lease liabilities$5,075 $1,983 
Finance Lease Maturities
Future minimum rental payments under operating lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2021 (remaining)$470 $103 
Year ending December 31, 20221,746 418 
Year ending December 31, 20231,429 424 
Year ending December 31, 20241,076 424 
Year ending December 31, 2025616 426 
Remaining future payments345 526 
Total$5,682 $2,321 
Less present value discount(607)(338)
Operating and finance lease liabilities$5,075 $1,983