Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity The following table provides details of our future minimum lease payments under finance and operating lease liabilities recorded in our condensed consolidated balance sheet as of March 31, 2022. The table below does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.
(in thousands) Operating Leases
2022 $ 2,108 
2023 2,219 
2024 1,525 
2025 1,406 
2026 188 
Thereafter 29 
Total minimum lease payments 7,475 
Less: imputed interest 301 
Present value of minimum lease payments 7,174 
Less: current portion 2,828 
Long-term portion $ 4,346 
Finance Lease, Liability, Maturity The following table provides details of our future minimum lease payments under finance and operating lease liabilities recorded in our condensed consolidated balance sheet as of March 31, 2022. The table below does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.
(in thousands) Operating Leases
2022 $ 2,108 
2023 2,219 
2024 1,525 
2025 1,406 
2026 188 
Thereafter 29 
Total minimum lease payments 7,475 
Less: imputed interest 301 
Present value of minimum lease payments 7,174 
Less: current portion 2,828 
Long-term portion $ 4,346 
Lease, Cost
The following expenses related to our operating leases were included in "general and administrative" expenses within our condensed consolidated statements of operations and comprehensive loss:
For the three months ended
March 31,
(in thousands) 2022 2021
Operating lease costs
Operating lease cost
765  250 
Variable lease cost
36  39 
Total lease cost $ 801  $ 289 
The table below presents lease-related terms and discount rates as of March 31, 2022:
March 31, 2022
Weighted average remaining lease terms  
Operating leases 3.2 years
Weighted average discount rate
Operating leases 2.7  %
Lessor, Operating Lease, Payments to be Received, Maturity
The following table represents the maturity analysis of undiscounted cash flows related to lease payments, which we expect to receive from our existing operating lease agreements with tenants:
Rental Income (in thousands)
2022 $ 575 
2023 485 
2024 77 
2025 53 
Thereafter — 
Total $ 1,190