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COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2022
COMMITMENTS AND CONTINGENCIES  
Operating lease right-of-use assets and lease liabilities

 

 

(in thousands)

 

 

 

June 30,

 

 

 

2022

 

Operating lease right-of-use assets

 

$338

 

Operating lease liabilities

 

$360

 

 

 

(in thousands)

Operating

Lease Payments

 

 

 

 

 

2022 (remaining)

 

$55

 

2023

 

 

112

 

2024

 

 

115

 

2025

 

 

118

 

2026

 

 

50

 

Total future lease payments

 

 

450

 

Less: discount

 

 

(90)
Total lease liabilities

 

$360

 

Weighted-average remaining lease term and discount rate used in the calculation of operating lease right-of-use assets and lease liabilities

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

 

 

 

Weighted average remaining lease term (years)

 

 

3.9

 

Weighted average discount rate

 

 

11.4%