LEASES

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

LEASES

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three and six months ended June 30, 2023 and 2022 (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Cash paid for amounts included in lease liabilities:
Operating cash flows from operating leases	$	226	$	203	$	453	$	266
Financing cash flows from finance leases	$	462	$	424	$	540	$	424
ROU assets obtained in exchange for lease obligations:
Operating leases	$	—	$	—	$	—	$	—
Finance leases	$	200	$	2,760	$	200	$	2,760
Lease Cost:
Operating leases	$	243	$	259	$	493	$	564
Finance leases	$	270	$	97	$	531	$	97
Short-term leases	$	19	$	21	$	43	$	41

The weighted average remaining lease term on our operating leases is 2.1 years. The weighted average discount rate on those leases is 7.1%. The weighted average remaining lease term on our finance leases is 1.8 years. The weighted average discount rate on those leases is 6.0%.

The following presents maturities of lease liabilities in which we are the lessee as of June 30, 2023 (in thousands):

	Operating		Finance
Remainder of 2023	$	515	$	497
2024	1,051		1,048
2025	583		265
2026	—		36
2027	—		—
Thereafter	—		—
Total lease payments	2,149		1,846
Less imputed interest	(149)		(291)
	$	2,000	$	1,555

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 June 30, 2023, the total net investment in these leases was $2.4 million. The following presents maturities of lease receivables under sales-type leases as of June 30, 2023 (in thousands):

Remainder of 2023	$	745
2024	995
2025	395
2026	209
2027	46
Thereafter	—
Total undiscounted cash flows	2,390
Less imputed interest	—
Present value of lease payments	$	2,390

LEASES

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three and six months ended June 30, 2023 and 2022 (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Cash paid for amounts included in lease liabilities:
Operating cash flows from operating leases	$	226	$	203	$	453	$	266
Financing cash flows from finance leases	$	462	$	424	$	540	$	424
ROU assets obtained in exchange for lease obligations:
Operating leases	$	—	$	—	$	—	$	—
Finance leases	$	200	$	2,760	$	200	$	2,760
Lease Cost:
Operating leases	$	243	$	259	$	493	$	564
Finance leases	$	270	$	97	$	531	$	97
Short-term leases	$	19	$	21	$	43	$	41

The weighted average remaining lease term on our operating leases is 2.1 years. The weighted average discount rate on those leases is 7.1%. The weighted average remaining lease term on our finance leases is 1.8 years. The weighted average discount rate on those leases is 6.0%.

The following presents maturities of lease liabilities in which we are the lessee as of June 30, 2023 (in thousands):

	Operating		Finance
Remainder of 2023	$	515	$	497
2024	1,051		1,048
2025	583		265
2026	—		36
2027	—		—
Thereafter	—		—
Total lease payments	2,149		1,846
Less imputed interest	(149)		(291)
	$	2,000	$	1,555

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 June 30, 2023, the total net investment in these leases was $2.4 million. The following presents maturities of lease receivables under sales-type leases as of June 30, 2023 (in thousands):

Remainder of 2023	$	745
2024	995
2025	395
2026	209
2027	46
Thereafter	—
Total undiscounted cash flows	2,390
Less imputed interest	—
Present value of lease payments	$	2,390