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Right-of-use Assets and Lease Liabilities (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Componenets of Lease Expense

The components of the lease expense recorded in the condensed consolidated statement of operations were as follows:

 

 

 

Three Months Ended
June 30, 2023

 

 

Six Months Ended
June 30, 2023

 

Operating lease cost

 

$

228

 

 

$

500

 

Finance lease cost

 

 

 

 

 

 

Amortization of assets

 

 

48

 

 

 

96

 

Interest on lease liabilities

 

 

3

 

 

 

7

 

Short-term lease cost

 

 

43

 

 

 

86

 

Variable lease cost

 

 

43

 

 

 

76

 

Total net lease cost

 

$

365

 

 

$

765

 

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:




 

 

 

Line Items

 

As of June 30, 2023

 

 

As of December 31, 2022

 

Assets:

 

 

 

 

 

 

 

 

Operating lease assets

 

Operating right-of-use assets

 

$

2,599

 

 

$

2,931

 

Finance lease assets

 

Property and equipment, net

 

 

302

 

 

 

389

 

Total leased assets

 

 

 

$

2,901

 

 

$

3,320

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

 

 

 

Operating

 

Other current liabilities

 

$

669

 

 

$

758

 

Finance

 

Other current liabilities

 

 

160

 

 

 

182

 

Long term

 

 

 

 

 

 

 

 

Operating

 

Other long-term liabilities

 

 

2,165

 

 

 

2,409

 

Finance

 

Other long-term liabilities

 

 

148

 

 

 

216

 

Total leased liabilities

 

 

 

$

3,142

 

 

$

3,565

 

Schedule of Supplemental Cash Flow and Other Information Information Related to Lease

Supplemental cash flow and other information related to leases was as follows:

 

 

 

Three Months Ended
June 30, 2023

 

 

Six Months Ended
June 30, 2023

 

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

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

242

 

 

$

504

 

Operating cash flows from finance leases (interest)

 

 

3

 

 

 

7

 

Financing cash flows from finance leases

 

 

50

 

 

 

98

 


 

 

 

 

As of June 30, 2023

 

 

As of December 31, 2022

 

Weighted average remaining lease term (in years):

 

 

 

 

 

 

Operating leases

 

 

3.5

 

 

 

3.8

 

Finance leases

 

 

2.0

 

 

 

2.1

 

 

 

 

 

 

 

 

Weighted average discount rate:

 

 

 

 

 

 

Operating leases

 

 

4.27

%

 

 

4.27

%

Finance leases

 

 

4.27

%

 

 

4.27

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

 

 

 

As of June 30, 2023

 

 

 

Operating leases

 

 

Finance leases

 

 

Total

 

2023 (remaining six months)

 

$

400

 

 

$

94

 

 

$

494

 

2024

 

 

754

 

 

 

140

 

 

 

894

 

2025

 

 

723

 

 

 

52

 

 

 

775

 

2026

 

 

495

 

 

 

25

 

 

 

520

 

2027

 

 

277

 

 

 

11

 

 

 

288

 

2028 and thereafter

 

 

470

 

 

 

—

 

 

 

470

 

Total undiscounted lease payments

 

 

3,119

 

 

 

322

 

 

 

3,441

 

Present value discount

 

 

285

 

 

 

14

 

 

 

299

 

Present value

 

$

2,834

 

 

$

308

 

 

$

3,142

 

Lease liability, current

 

$

669

 

 

$

160

 

 

$

829

 

Lease liability, long term

 

$

2,165

 

 

$

148

 

 

$

2,313