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Leases, Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Amount of Operating Leases

The following table shows the amounts of operating leases in the balance sheets as of December 31, 2022 and 2021:

 

 

 

 

 

December 31,

 

Balance sheet location

 

Balance sheet caption

 

2022

 

 

2021

 

 

 

 

 

(in thousands)

 

Assets

 

 

 

 

 

 

 

 

Right-of-use operating asset

 

Right-of-use operating asset

 

$

10,532

 

 

$

16,109

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current operating lease
   liabilities

 

Operating lease liability, current portion

 

 

7,643

 

 

 

7,468

 

Long-term operating lease
   liabilities

 

Operating lease liability, net of current portion

 

 

4,491

 

 

 

10,964

 

 

 

 

 

$

12,134

 

 

$

18,432

 

Schedule of Lease Expense by Lease Type Recognized

The following table shows the amounts of lease expense by lease type that was recognized during the years ended December 31, 2022, 2021 and 2020:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Operating lease cost

 

$

6,748

 

 

$

8,748

 

 

$

8,838

 

Variable lease cost

 

 

1,846

 

 

 

1,600

 

 

 

2,285

 

Short-term lease cost

 

 

206

 

 

 

101

 

 

 

74

 

Sublease income

 

 

(421

)

 

 

(234

)

 

 

-

 

 

 

$

8,379

 

 

$

10,215

 

 

$

11,197

 

Schedule of Minimum Lease Payments

The minimum lease payments are expected to be as follows:

 

Years Ending December 31,

 

(In thousands)

 

2023

 

$

7,643

 

2024

 

 

5,316

 

Thereafter

 

 

-

 

Total lease payments

 

 

12,959

 

Less imputed interest

 

 

(825

)

Present value of operating lease liabilities

 

$

12,134

 

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate of Our Operating Leases

The following table shows the weighted average remaining lease term and weighted average discount rate of the operating leases:

 

 

 

Year ended December 31,

 

 

2022

 

2021

Weighted average remaining lease term in years

 

1.68

 

2.68

Weighted average discount rate

 

7.5%

 

7.5%

Schedule of Supplemental Disclosure of Cash Flow Information Related to Operating Leases

The following table shows the supplemental disclosure of cash flow information related to the operating leases included in cash flows used by operating activities in the consolidated statements of cash flows:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Cash paid for amounts included in
   the measurement of lease liabilities

 

$

7,468

 

 

$

9,264

 

 

$

9,231

 

 

 

 

 

 

 

 

 

 

 

Lease asset de-recognized upon lease
   cancellation

 

 

 

 

 

 

 

 

 

Operating leases

 

$

 

 

$

3,733

 

 

$

2,310