Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Summary of ROU Assets and Lease Liabilities

The following is a summary of the Company’s right of use assets and lease liabilities at September 30, 2021 and December 31, 2020 (in thousands):

	September 30, 2021									December 31, 2020
	Operating Leases			Financing  Leases			Total			Operating Leases			Financing Leases			Total
Right of use assets	$	725		$	644		$	1,369		$	725		$	644		$	1,369
Less: Accumulated amortization		(512	)		(395	)		(907	)		(339	)		(235	)		(574	)
Right of use assets, net	$	213		$	249		$	462		$	386		$	409		$	795
Lease liabilities	$	223		$	285		$	508		$	415		$	427		$	842
Less: current portion		(126	)		(201	)		(327	)		(257	)		(194	)		(451	)
Lease Liabilities	$	97		$	84		$	181		$	158		$	233		$	391

Lease Costs

Total lease costs for the nine months ended September 30, 2021 and 2020 are as follows (in thousands):

	2021		2020
Finance lease costs:
Amortization of right-of-use assets	$	159	$	94
Interest on lease liabilities		33		33
Operating lease costs		263		118
Total lease costs	$	455	$	245

Cash Paid for Amounts Included in Measurement of Lease Liabilities

The following summarizes cash paid for amounts included in the measurement of lease liabilities as well as the related right-of-use assets obtained for the nine months ended September 30, 2021 and 2020 (in thousands):

	2021			2020
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from finance leases	$	(176	)	$	(103	)
Operating cash flows from operating leases	$	(263	)	$	(118	)

Operating Leases, Maturities

As of September 30, 2021, the maturities of the Company’s operating lease liability, which have initial or remaining lease terms in excess of one year, consist of the following (in thousands):

	Amount
Year ending December 31,
2021 (remainder of year)	$	70
2022		94
2023		65
2024		8
2025		-
Total lease payments		237
Less: Present value adjustment		(14	)
Lease liability	$	223

Finance Lease, Maturities

As of September 30, 2021, the maturities of the Company’s financing lease liability, which have initial or remaining lease terms in excess of one year, consist of the following (in thousands):

	Amount
Year ending December 31,
2021 (remainder of year)	$	59
2022		200
2023		18
Total lease payments		277
Less: Present value adjustment		8
Lease liability	$	285