XML 32 R22.htm IDEA: XBRL DOCUMENT

Leases, Commitments, and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

The impact of adoption on the Company’s December 31, 2021, consolidated balance sheet was as follows:


	As Reported December 31, 2021			Adoption of Lease Standard			As Adjusted December 31, 2021
Assets

Land, buildings, and equipment	$	21,731		$	(16,543	)	$	5,188
Operating lease right-of-use assets		—			14,090			14,090

	$	21,731		$	(2,453)		$	19,278

Liabilities and stockholders’ equity
Current portion of financing lease obligations	$	370		$	(4)		$	366
Other current liabilities		191			276			467
Financing lease obligations		17,506			(17,371)			135
Operating lease obligations		—			13,814			13,814
Accumulated deficit		(196,092	)		832			(195,260	)

	$	(178,025	)	$	(2,453	)	$	(180,478	)

The Company is obligated under non-cancellable operating leases, primarily for office space and certain equipment, as follows:

The components of lease expense were as follows:


In Thousands	Three Months Ended September 30, 2022		Nine Months Ended September 30, 2022
Finance lease costs	$	57	$	73
Operating lease costs		381		1,174
Variable lease costs		260		717

Total	$	698	$	1,964

Other information related to leases was as follows:


In Thousands except for lease term and discount rate	As of and for Nine Months Ended September 30, 2022
	Operating			Financing
Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows	$	205		$	—
Financing cash flows	$	—		$	353
Weighted average remaining lease term (years)		15.6			0.6
Weighted average discount rate		7.9	%		8.1	%

As of September 30, 2022, future minimum payments under operating and finance leases were as follows: