XML 59 R41.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Operating Leases The Company has operating leases for office, manufacturing and warehouse space, along with office equipment. Balances as of December 31, 2022 and 2021 for operating leases were as follows:
   December 31, 
(Amounts in thousands)  2022   2021 
Operating lease ROU assets  $97   $3,000 
Operating lease liability  $11,137   $3,126 
Schedule of Other Information Related To Operating Leases Other information related to the Company’s operating leases are as follows:
   December 31, 
(Amounts in thousands)  2022   2021 
Operating lease cost  $1,341   $1,253 
Short-term lease cost  $41   $89 
           
Right-of-use assets obtained in exchange for lease obligations          
Operating leases  $10,052   $1,217 
           
Cash paid for amounts included in the measurement of lease liabilities:          
Operating cash flows from operating leases  $740   $975 
Schedule Of Weighted-Average Remaining Lease Term and Weighted Average Discount Rates The following table presents the weighted-average remaining lease term and weighted average discount rates related to the Company’s operating leases as of December 31, 2022 and 2021:
   December 31,
(Amounts in thousands)  2022  2021
Weighted average remaining lease term  7.9 years  5.4 years
Weighted average discount rate  5.52%  5.97%

 

Schedule of Total Remaining Years to Lease Liabilities Operating Leases The table below reconciles the fixed component of the undiscounted cash flows for each of the first five years and the total remaining years to the lease liabilities recorded on the Consolidated Balance Sheet as of December 31, 2022:
   Operating 
(Amounts in thousands)  Leases 
2023  $1,815 
2024   1,720 
2025   1,625 
2026   1,386 
2027   1,424 
Thereafter   6,862 
Total minimum lease payments   14,832 
Less: effect of discounting   (3,695)
Present value of future minimum lease payments   11,137 
Less: current obligations under leases   (1,321)
Long-term lease obligations  $9,816