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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Summary of Future Minimum Lease Payments

Future minimum lease payments under these leases are as follows:

 

 

Lease Amounts

 

 

 

(in thousands)

 

2022 (remaining six months)

 

$

633

 

2023

 

 

1,089

 

2024

 

 

681

 

2025

 

 

169

 

2026 and thereafter

 

 

23

 

Total future minimum lease payments

 

 

2,595

 

Less: Imputed Interest

 

 

(213

)

Present value of operating lease liabilities

 

$

2,382

 

Less: Current portion

 

 

1,002

 

Long-term operating lease liabilities

 

$

1,380

 

 

 

 

 

Weighted average remaining lease term in years

 

 

2.45

 

Weighted average discount rate

 

 

7.55

%

 

 

 

 

Components of Lease Expense and Related Cash Flows

Variable operating lease expenses consist primarily of real estate taxes and insurance. The components of lease expense and related cash flows were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Rent expense

 

$

320

 

 

$

260

 

 

$

637

 

 

$

589

 

Variable lease costs

 

 

27

 

 

 

5

 

 

 

53

 

 

 

47

 

Total

 

$

347

 

 

$

265

 

 

$

690

 

 

$

636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for operating leases

 

$

317

 

 

$

280

 

 

$

630

 

 

$

578

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cost of sales

 

$

58

 

 

$

47

 

 

$

116

 

 

$

107

 

Selling, general and administrative

 

 

289

 

 

 

218

 

 

 

574

 

 

 

529

 

Total

 

$

347

 

 

$

265

 

 

$

690

 

 

$

636