Leases

9 Months Ended

Sep. 30, 2022

Leases

Leases

7.    LEASES

The Company has two operating leases for office space with lease terms expiring in January 2024 and March 2025. The leases do not contain any options to extend.

The following table presents information on the lease terms and discount rates:

Weighted average remaining lease term		2.5 years
Weighted average discount rate		4.4	%
Maturities of operating lease liabilities as of September 30, 2022 were as follows (in thousands):
2022 (remaining)	$	14
2023		57
2024		46
2025		12
Total future lease payments		129
Less: interest		(6)
Present value of lease liabilities	$	123