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LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
Summary of components of our lease cost

December 31,

(in thousands)

    

2023

    

2022

    

2021

Lease Cost

Finance lease cost:

Amortization of right-of-use assets

$

$

14

$

22

Interest on lease obligation

 

 

1

 

1

Total finance lease cost

15

23

Total long-term operating lease cost

 

365

 

387

 

419

Total short-term operating lease cost

 

368

 

592

 

493

Total lease cost

$

733

$

994

$

935

December 31,

(in thousands)

2023

    

2022

    

2021

Other Information

Cash paid for amounts included in the measurement of lease obligation:

 

  

Operating cash flows from operating leases

$

365

$

387

$

419

Financing cash flows from finance leases

 

 

15

 

22

Right-of-use assets obtained in exchange for new operating lease obligations

 

 

117

 

143

Schedule of supplemental balance sheet and other information related to leases

December 31,

(in thousands)

2023

    

2022

Operating Leases

$

Operating lease right-of-use assets

826

909

Current portion of operating lease liabilities

320

311

Long-term operating lease liabilities

506

597

Total operating lease liabilities

826

908

Schedule of weighted average lease term and weighted average discount rate of leases

December 31,

2023

2022

Weighted-average remaining lease term (years)

Operating leases

2.7

3.1

Finance leases

Weighted-average discount rate

Operating leases

3.5

%

3.1

%

Finance leases

%

4.0

%

Summary of maturities of operating lease liabilities

(in thousands)

Operating Lease Obligations

Remaining lease payments to be paid during the year ended December 31,

2024

    

$

360

2025

 

306

2026

 

139

2027

 

30

2028

 

24

Thereafter

 

11

Total lease payments

869

Less imputed interest

(43)

Lease obligation at December 31, 2023

$

826