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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense

Components of lease expense were as follows:

 

 

 

 

 

Year Ended December 31,

 

Lease Cost

 

Classification

 

2021

 

 

2020

 

 

2019

 

Operating lease cost

 

Operating expenses

 

$

1,644

 

 

$

1,698

 

 

$

1,550

 

Operating lease cost

 

Inventory

 

 

276

 

 

 

488

 

 

 

4,206

 

Sublease income

 

Operating expenses

 

 

(520

)

 

 

 

 

 

 

Total operating lease cost

 

 

 

$

1,400

 

 

$

2,186

 

 

$

5,756

 

Finance lease cost

 

 

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

Operating expenses

 

 

35

 

 

 

41

 

 

 

41

 

Amortization of right-of-use assets

 

Inventory

 

 

19

 

 

 

36

 

 

 

 

Interest on lease liabilities

 

Other income (expense), net

 

 

8

 

 

 

10

 

 

 

4

 

Total finance lease cost

 

 

 

$

62

 

 

$

87

 

 

$

45

 

Variable lease cost

 

Inventory

 

 

 

 

 

 

 

 

10,568

 

Total lease cost

 

 

 

$

1,462

 

 

$

2,273

 

 

$

16,369

 

Supplemental Cash Flow Information Related to Operating and Finance Leases

Supplemental cash flow information related to operating and finance leases was as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash outflows from operating leases

 

$

1,716

 

 

$

1,758

 

 

$

5,419

 

Operating cash outflows from finance leases

 

 

69

 

 

 

85

 

 

 

44

 

Finance cash flows from finance leases

 

$

 

 

$

 

 

$

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

965

 

 

$

1,242

 

 

$

8,667

 

Finance leases

 

 

 

 

 

157

 

 

 

117

 

Supplemental Balance Sheet Information Related to Operating and Finance Leases

Supplemental balance sheet information related to operating and finance leases was as follows (in thousands, except lease term and discount rate):

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Reported as:

 

 

 

 

 

 

Other assets

 

 

 

 

 

 

Operating lease right-of-use assets

 

$

6,488

 

 

$

7,176

 

Finance lease right-of-use assets

 

 

77

 

 

 

158

 

Total right-of use assets

 

$

6,565

 

 

$

7,334

 

Accrued and other current liabilities

 

 

 

 

 

 

Operating lease liabilities

 

$

1,595

 

 

$

1,504

 

Finance lease liabilities

 

 

71

 

 

 

84

 

Warranty reserve and other long-term liabilities

 

 

 

 

 

 

Operating lease liabilities

 

 

5,576

 

 

 

5,946

 

Finance lease liabilities

 

 

28

 

 

 

77

 

Total lease liabilities

 

$

7,270

 

 

$

7,611

 

Weighted average remaining lease term (years)

 

 

 

 

 

 

Operating leases

 

 

4

 

 

 

5

 

Finance leases

 

 

2

 

 

 

2

 

Weighted average discount rate

 

 

 

 

 

 

Operating leases

 

 

8.16

%

 

 

7.75

%

Finance leases

 

 

6.90

%

 

 

6.15

%

Maturities of Operating and Finance Lease Liabilities

As of December 31, 2021, maturities of the Company’s operating and finance lease liabilities are as follows (in thousands):

 

Period

 

Operating leases

 

 

Finance leases

 

 

Total

 

2022

 

$

2,184

 

 

$

63

 

 

$

2,247

 

2023

 

 

2,269

 

 

 

38

 

 

 

2,307

 

2024

 

 

1,818

 

 

 

3

 

 

 

1,821

 

2025

 

 

898

 

 

 

 

 

 

898

 

2026

 

 

852

 

 

 

 

 

 

852

 

2027

 

 

586

 

 

 

 

 

 

586

 

Total lease payments

 

$

8,607

 

 

$

104

 

 

$

8,711

 

Less imputed interest

 

 

1,436

 

 

 

5

 

 

 

1,441

 

Total lease liabilities

 

$

7,171

 

 

$

99

 

 

$

7,270