LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Lease expense is included in General & Administrative Expenses on the Consolidated Statements of Operations. The components of lease expense were as follows (in thousands):

Lease expense is included in General & Administrative Expenses on the Consolidated Statements of Operations. The components of lease expense were as follows (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Operating lease cost	$	21	$	-	$	21	$	-
Short-term lease cost		3		2		7		6
Total lease costs	$	24		2	$	28		6

Supplemental information related to leases was as follows (dollars in thousands):

Supplemental information related to leases was as follows (dollars in thousands):

	June 30, 2022			December 31, 2021
Operating Lease right-of-use asset	$	531		$	-
Current portion of operating lease liabilities	$	116		$	-
Non-current portion of operating lease liabilities		416			-
Total operating lease liabilities	$	532		$	-
Cash paid for amounts included in the measurement of operating lease liabilities	$	20		$	-
Right-of-use assets obtained in exchange for operating lease liabilities	$	552		$	-
Weighted-average remaining lease term for operating leases (years)		4.8
Weighted average discount rate for operating leases		6.0	%

The following is a reconciliation of future undiscounted cash flows to the operating lease liabilities on our consolidated balance sheets as of June 30, 2022 (in thousands):

The following is a reconciliation of future undiscounted cash flows to the operating lease liabilities on our consolidated balance sheets as of June 30, 2022 (in thousands):

Year ended December 31,
2022 (Excluding six months ended June 2022)	$	60
2023		122
2024		126
2025		130
2026		134
Thereafter		45
Total future lease payments		617
Less: imputed interest		(85	)
Present value of future lease payments		532
Less: current portion of lease liabilities		(116	)
Long-term lease liabilities	$	416