LEASES (Tables)

12 Months Ended

Dec. 31, 2021

LEASES [Abstract]

Summary of balance sheet presentation of our operating and finance leases

(dollars in thousands)
Classification on the Consolidated Balance Sheet	December 31, 2021		December 31, 2020 (1)
Assets:
Operating lease right-of-use assets, net	$	858	$	306
Finance lease right-of-use assets, net (2)		371		204
Total lease assets	$	1,229	$	510
Liabilities:
Current:
Current maturities of operating lease liabilities	$	166	$	225
Current maturities of finance lease liabilities		222		48
Noncurrent:
Operating lease liabilities, less current maturities		697		92
Finance lease liabilities, less current maturities		159		116
Total lease liabilities	$	1,244	$	481

(1)As of December 31, 2020, $175 of property and equipment, net and $29 of operating lease right-of-use assets were reclassified to finance lease right-of-use assets to conform to the current period presentation.

(2)As of December 31, 2021 and 2020, finance lease right-of-use assets included $61 and $29, respectively, of assets related to finance leases associated with the HSRR program.

Summary of estimated future minimum lease payments for operating leases

(dollars in thousands)	Operating Leases		Finance Leases		Total
2022	$	227	$	176	$	403
2023		218		101		319
2024		204		80		284
2025		191		65		256
2026		195		26		221
Thereafter		—		—		—
Total lease obligations		1,035		448		1,483
Less: Amount representing interest		(172)		(67)		(239)
Present value of net minimum lease obligations		863		381		1,244
Less, current portion		(166)		(222)		(388)
Long term portion	$	697	$	159	$	856

Summary of estimated future minimum lease payments for finance leases

As of December 31, 2021, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
2022	$	227	$	176	$	403
2023		218		101		319
2024		204		80		284
2025		191		65		256
2026		195		26		221
Thereafter		—		—		—
Total lease obligations		1,035		448		1,483
Less: Amount representing interest		(172)		(67)		(239)
Present value of net minimum lease obligations		863		381		1,244
Less, current portion		(166)		(222)		(388)
Long term portion	$	697	$	159	$	856

Schedule of other information

	December 31,	December 31,
	2021	2020
Weighted-average remaining lease term (years):
Operating leases	4.7	1.9
Finance leases	3.1	3.6
Weighted-average discount rate:
Operating leases	8.00%	8.00%
Finance leases	10.03%	8.28%