Operating Leases

3 Months Ended

Mar. 31, 2022

Operating LeasesThe Company leases certain facilities and equipment under operating leases. Leases with a lease term of twelve months or less are considered short-term leases and are not recorded on the balance sheet, and expense for these leases is recognized over the term of the lease. All other leases have remaining terms of one to nine years, some of which may include options to extend the lease and some of which may include options to terminate the lease within one year. The Company uses judgment to determine whether it is reasonably possible to extend the lease beyond the initial term or terminate before the initial term ends and the length of the possible extension or early termination. The leases are renewable at the option of the Company and do not contain residual value guarantees, covenants, or other restrictions.

The components of lease costs were as follows:


	Three Months Ended March 31,
	2022		2021
Operating lease costs	$	729	$	839
Short-term lease costs	463		506
Variable lease costs	117		230
Lease costs	$	1,309	$	1,575

As of March 31, 2022, maturities of lease liabilities, excluding short-term and variable leases, for continuing operations were as follows:


2022	$	2,117
2023	2,519
2024	2,528
2025	2,259
2026	1,778
2027	1,345
Thereafter	3,292
Total	15,838
Present value adjustment	(4,740)
Total	$	11,098
Current portion of operating lease liabilities	$	1,590
Long-term portion of operating lease liabilities	9,508
Total	$	11,098

Other information related to operating leases in continuing operations was as follows:


	March 31, 2022		December 31, 2021
Weighted average remaining lease term (years)	6.30		6.65
Weighted average discount rate	10.99	%	10.99	%


	Three Months Ended March 31,
	2022		2021
Supplemental disclosure of cash flow information
Cash paid for operating lease liabilities	$	744	$	1,005
Operating lease right-of-use assets obtained in exchange for new lease liabilities (includes new leases or modifications of existing leases)	556		55