8. LEASES (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
(in thousands)		2021		2020		2021		2020
Operating lease expense	$	116	$	116	$	232	$	232
Finance lease expense:
Amortization of leased assets		9		6		17		12
Interest on lease liabilities		1		1		2		2
Total finance lease expense		10		7		19		14
Total lease expense	$	126	$	123	$	251	$	246

Supplemental Balance Sheet Information Related to Leases

Supplemental cash flow information related to leases was as follows:

		Six Months Ended
		June 30,
(in thousands)		2021		2020
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	335	$	325
Operating cash flows from finance leases		2		2
Financing cash flows from finance leases		18		13

Supplemental balance sheet information related to leases was as follows:

		June 30,		December 31,
(in thousands)		2021		2020
Operating leases
Operating lease right-of-use assets	$	753	$	946
Current portion of operating lease liability		686		676
Operating lease liability, net of current portion		467		774
Total operating lease liabilities	$	1,153	$	1,450
Finance leases
Property and equipment, at cost	$	112	$	112
Accumulated depreciation		(42)		(28)
Property and equipment, net	$	70	$	84
Current portion of finance lease obligations	$	24	$	31
Finance lease obligations, net of current portion		33		44
Total finance lease liabilities	$	57	$	75
Weighted Average Remaining Lease Term
Operating leases		1.8 years		2.3 years
Finance leases		1.5 years		2.0 years
Weighted Average Discount Rate
Operating leases		6.0%		6.0%
Finance leases		6.3%		6.3%

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

		June 30,		December 31,
(in thousands)		2021		2020
Operating leases
Operating lease right-of-use assets	$	753	$	946
Current portion of operating lease liability		686		676
Operating lease liability, net of current portion		467		774
Total operating lease liabilities	$	1,153	$	1,450
Finance leases
Property and equipment, at cost	$	112	$	112
Accumulated depreciation		(42)		(28)
Property and equipment, net	$	70	$	84
Current portion of finance lease obligations	$	24	$	31
Finance lease obligations, net of current portion		33		44
Total finance lease liabilities	$	57	$	75
Weighted Average Remaining Lease Term
Operating leases		1.8 years		2.3 years
Finance leases		1.5 years		2.0 years
Weighted Average Discount Rate
Operating leases		6.0%		6.0%
Finance leases		6.3%		6.3%

Maturities of Lease Liabilities

As of June 30, 2021, maturities of lease liabilities were as follows:

(in thousands)		Operating		Finance
Years Ended December 31,		leases		leases
2021	$	340	$	14
2022		696		26
2023		175		21
2024		-		-
Thereafter		-		-
Total minimum lease payments		1,211		61
Less: amount representing interest		(58)		(4)
Present value of capital lease liabilities	$	1,153	$	57