Leases (Tables)

3 Months Ended

Mar. 31, 2023

Supplemental balance sheets information related to leases as of March 31, 2023 and December 31, 2022 are as follows (in thousands):

Leases	Classification	March 31, 2023		December 31, 2022
Assets
Operating lease	Operating lease right-of-use assets	$	5,413	$	5,265
Finance lease	Property, plant and equipment, net		436		143
Total lease assets		$	5,849	$	5,408
Liabilities
Current
Operating	Operating lease liabilities	$	1,622	$	1,397
Finance	Other current liabilities		90		90
Non-current
Operating	Non-current operating lease liabilities		3,996		4,091
Finance	Other non-current liabilities		364		63
Total lease liabilities		$	6,072	$	5,641

The following table presents the weighted average remaining lease term and discount rate:

	March 31, 2023			December 31, 2022
Weighted average remaining lease term
Operating leases	3.4 years			3.7 years
Finance leases	4.1 years			2.4 years
Weighted average discount rate
Operating leases		6.6	%		6.6	%
Finance leases		7.7	%		7.6	%

The components of lease cost included in the Company’s consolidated statements of operations, are as follows (in thousands):

	Three Months Ended
	March 31, 2023		March 31, 2022
Operating lease cost	$	555	$	569
Finance lease cost
Amortization of right-of-use assets		32		16
Interest on lease liabilities		7		2
Total lease cost	$	594	$	587

The above table does not include an immaterial cost of short-term leases for the three months ended March 31, 2023 and 2022.

Other lease information is as follows (in thousands):

	Three Months Ended
	March 31, 2023		March 31, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	567	$	569
Operating cash flows from finance leases		7		2
Financing cash flows from finance leases		24		16

The aggregate future lease payments for operating and finance leases as of March 31, 2023 are as follows (in thousands):

	Operating Leases			Finance Leases
Remainder of 2023	$	1,448		$	91
2024		1,925			122
2025		1,419			121
2026		937			108
2027		644			95
Total future lease payments		6,373			537
Less: Imputed interest		(755	)		(83	)
Present value of future payments	$	5,618		$	454