LEASES (Tables)

3 Months Ended

Mar. 31, 2023

LEASES [Abstract]

Summary of balance sheet presentation of our operating and finance leases

(dollars in thousands)
Classification on the Condensed Consolidated Balance Sheet	March 31, 2023		December 31, 2022
Assets:
Operating lease right-of-use assets, net	$	714	$	763
Finance lease right-of-use assets, net (1)		234		257
Total lease assets	$	948	$	1,020
Liabilities:
Current:
Current maturities of operating lease liabilities	$	205	$	199
Current maturities of finance lease liabilities		155		162
Noncurrent:
Operating lease liabilities, less current maturities		520		574
Finance lease liabilities, less current maturities		50		68
Total lease liabilities	$	930	$	1,003

(1) As of March 31, 2023 and December 31, 2022, finance lease right-of-use assets included $7,000 and $13,000, respectively, of assets related to finance leases associated with the HSRR program.

Summary of estimated future minimum lease payments for finance leases

As of March 31, 2023 and December 31, 2022, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
		March 31,		March 31,		March 31,
		2023		2023		2023
2023 (remaining)	$	189	$	69	$	258
2024		239		80		319
2025		205		65		270
2026		195		26		221
Total lease obligations		828		240		1,068
Less: Amount representing interest		(103)		(35)		(138)
Present value of net minimum lease obligations		725		205		930
Less, current portion		(205)		(155)		(360)
Long term portion	$	520	$	50	$	570

Schedule of other information

	March 31,	December 31,
	2023	2022
Weighted-average remaining lease term (years):
Operating leases	3.5	3.7
Finance leases	2.7	2.8
Weighted-average discount rate:
Operating leases	8.00%	8.00%
Finance leases	10.41%	10.31%