Leases

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Leases

NOTE 14. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended March 31,
	2022		2021
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	205	159
Operating cash flows from finance leases	$	7	—
ROU assets obtained in exchange for lease obligations
Operating leases	$	—	—
Finance leases	240		—
Lease Cost
Operating leases	$	305	298
Finance leases	$	7	$	—
Short-term leases	$	20	$	18

The weighted average remaining lease term on our operating leases is 3.3 years. The weighted average discount rate on those leases is 7.1%. The weighted average remaining lease term on our finance leases is 2.9 years. The weighted average discount rate on those leases is 6.0%.

The following presents maturities of operating lease liabilities in which we are the lessee as of March 31, 2022 (in thousands):

Remainder of 2022	$	649
2023	968
2024	1,055
2025	595
2026	—
Thereafter	—
Total lease payments	3,267
Less imputed interest	(376)
	$	2,891

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of March 31, 2022, the total net investment in these leases was $3.2 million. The following presents maturities of lease receivables under sales-type leases as of March 31, 2022 (in thousands):

Remainder of 2022	$	1,037
2023	1,030
2024	536
2025	118
2026	510
Thereafter	—
Total undiscounted cash flows	3,231
Less imputed interest	—
Present value of lease payments	$	3,231

Leases

NOTE 14. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended March 31,
	2022		2021
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	205	159
Operating cash flows from finance leases	$	7	—
ROU assets obtained in exchange for lease obligations
Operating leases	$	—	—
Finance leases	240		—
Lease Cost
Operating leases	$	305	298
Finance leases	$	7	$	—
Short-term leases	$	20	$	18

The weighted average remaining lease term on our operating leases is 3.3 years. The weighted average discount rate on those leases is 7.1%. The weighted average remaining lease term on our finance leases is 2.9 years. The weighted average discount rate on those leases is 6.0%.

The following presents maturities of operating lease liabilities in which we are the lessee as of March 31, 2022 (in thousands):

Remainder of 2022	$	649
2023	968
2024	1,055
2025	595
2026	—
Thereafter	—
Total lease payments	3,267
Less imputed interest	(376)
	$	2,891

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of March 31, 2022, the total net investment in these leases was $3.2 million. The following presents maturities of lease receivables under sales-type leases as of March 31, 2022 (in thousands):

Remainder of 2022	$	1,037
2023	1,030
2024	536
2025	118
2026	510
Thereafter	—
Total undiscounted cash flows	3,231
Less imputed interest	—
Present value of lease payments	$	3,231