Leases (Tables)

9 Months Ended

Sep. 30, 2022

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, 2022			Three Months Ended September 30, 2021			Nine Months Ended September 30, 2022			Nine Months Ended September 30, 2021
Operating leases
Operating lease cost	$	410		$	457		$	1,289		$	1,309
Variable lease cost	101			94			287			286
Operating lease expense	511			551			1,576			1,595
Finance leases
Amortization of right-of-use assets	141			73			424			184
Interest on lease obligations	44			22			136			55
Finance lease expense	185			95			560			239
Short-term lease rent expense	5			4			14			12
Total rent expense	$	701		$	650		$	2,150		$	1,846
Other information
Operating cash flows from operating leases	$	427		$	444		$	1,338		$	1,298
Operating cash flows from finance leases	$	44		$	22		$	136		$	56
Financing cash flows from finance leases	$	121		$	59		$	359		$	152
Right of use assets exchanged for operating lease liabilities	$	768		$	718		$	768		$	4,089
Right of use assets exchanged for finance lease liabilities	$	—		$	588		$	—		$	1,365
Weighted-average remaining lease term – operating leases	3.2			3.7			3.2			3.7
Weighted-average remaining lease term – finance leases	4.7			5.5			4.7			5.5
Weighted-average discount rate – operating leases	6.4		%	6.3		%	6.4		%	6.3		%
Weighted-average discount rate – finance leases	6.4		%	5.9		%	6.4		%	5.9		%

Operating Lease Maturities

Future minimum rental payments under operating lease agreements are as follows (in thousands):

	Operating		Finance
Year ending December 31, 2022 (remaining)	$	434	$	165
Year ending December 31, 2023	1,692		669
Year ending December 31, 2024	1,404		672
Year ending December 31, 2025	937		676
Year ending December 31, 2026	310		666
Remaining future payments	120		311
Total	$	4,897	$	3,159
Less present value discount	(467)		(426)
Operating and finance lease liabilities	$	4,430	$	2,733

Finance Lease Maturities

Future minimum rental payments under operating lease agreements are as follows (in thousands):

	Operating		Finance
Year ending December 31, 2022 (remaining)	$	434	$	165
Year ending December 31, 2023	1,692		669
Year ending December 31, 2024	1,404		672
Year ending December 31, 2025	937		676
Year ending December 31, 2026	310		666
Remaining future payments	120		311
Total	$	4,897	$	3,159
Less present value discount	(467)		(426)
Operating and finance lease liabilities	$	4,430	$	2,733