Leases

6 Months Ended

Jun. 30, 2022

Leases

Leases

(6) Leases

The Company has noncancelable operating leases for office and warehouse space in San Clemente and Carlsbad, California, as well as noncancelable operating leases for certain office equipment that expire at various dates through 2022. The Company does not have any short-term leases or financing lease arrangements. The Company extended the San Clemente lease by twelve months with an end date of June 30, 2023 and extended the Carlsbad lease by three months with an end date of June 30, 2022. Certain of the Company’s equipment leases include variable lease payments that are adjusted periodically based on actual usage. Lease and non-lease components are accounted for separately.

Operating lease costs were $0.2 million and $0.1 million for the three months ended June 30, 2022 and 2021, respectively, and $0.4 million and $0.3 million for the six months ended June 30, 2022 and 2021, respectively. Variable lease costs were not material.

Supplemental information related to operating leases is as follows:

	June 30,		December 31,
Balance Sheet information	2022		2021
Operating lease ROU assets	$	338	$	266
Operating lease liabilities, current portion	$	338	$	279
Operating lease liabilities, long-term portion		—		—
Total operating lease liabilities	$	338	$	279
Cash flow information for the six months ended June 30,	2022		2021
Cash paid for amounts included in the measurement of operating leases liabilities	$	386	$	165

Maturities of operating lease liabilities were as follows:

Remainder of 2022	$	174
2023		173
2024		—
Total lease payments		347
Less: imputed interest		9
Total lease liabilities	$	338
Weighted-average remaining lease term at end of period (in years)		0.9
Weighted-average discount rate at end of period		5.1	%