LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lease Costs

Information about the Company’s lease costs are as follows:

	Year Ended December 31,
Lease costs (in thousands):	2022		2021
Operating lease costs	$	213	$	134
Finance lease costs:
Amortization of right-of-use assets	138		216
Interest on lease liabilities	5		12
Variable lease costs	16		12
Total lease costs	$	372	$	374

Cash information related to our leases are as follows:

	Year Ended December 31, 2022				Year Ended December 31, 2021
(in thousands)	Operating		Finance		Operating		Finance
Cash paid for lease liabilities	$	219	$	153	$	135	$	228

Information about the Company’s weighted average remaining lease terms and discount rate assumptions are as follows:

	Year Ended December 31, 2022		Year Ended December 31, 2021
	Operating	Finance	Operating	Finance
Weighted average remaining lease term (in years)	4.4	3.9	1.0	0.8
Weighted average discount rate	2.54%	2.60%	3.98%	4.00%

Maturity of Finance Lease Liabilities

Maturities of lease liabilities as of December 31, 2022 are as follows:

(In thousands)	Operating		Finance
2023	$	229	$	40
2024	122		21
2025	122		21
2026	122		21
2027	122		12
Total lease payments	717		115
Less imputed interest	(31)		(5)
Present value of lease liabilities	686		110
Less current portion of lease liabilities	(216)		(37)
Long-term portion of lease liabilities	$	470	$	73

Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2022 are as follows:

(In thousands)	Operating		Finance
2023	$	229	$	40
2024	122		21
2025	122		21
2026	122		21
2027	122		12
Total lease payments	717		115
Less imputed interest	(31)		(5)
Present value of lease liabilities	686		110
Less current portion of lease liabilities	(216)		(37)
Long-term portion of lease liabilities	$	470	$	73