LEASES (Tables)

3 Months Ended

Mar. 31, 2023

LEASES

Schedule of maturity analysis of annual undiscounted cash flows, operating lease liabilities

The following is a maturity analysis of the annual undiscounted cash flows of the estimated operating lease liabilities as of March 31, 2023 (in thousands):

Year ending December 31:
2023	$	122
2024		163
2025		163
2026		163
2027		163
Thereafter		1,045
	$	1,819

Schedule of reconciliation of the undiscounted cash flows

A reconciliation of the undiscounted cash flows to the operating lease liabilities recognized in the consolidated balance sheet as of March 31, 2023 follows (in thousands):

Undiscounted cash flows of the operating lease	$	1,819
Unamortized discount		840
Total operating lease liability		979
Current portion of operating lease liability		43
Operating lease liability, net of current portion	$	936