Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.2
Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of components of lease expense
    Three months ended     Six months ended  
(in thousands)   June 30,
2021
    June 30,
2020
    June 30,
2021
    June 30,
2020
 
Operating lease expense   $ 93     $ 93     $ 186     $ 186  
                                 
Finance lease cost                                
Amortization of right-to-use assets   $ 21     $ 21     $ 41     $ 41  
Interest on lease liabilities   $ 2     $ 4     $ 5     $ 9  
Total finance lease cost   $ 23     $ 25     $ 46     $ 50  

 

Schedule of supplemental cash flow information related to leases
  Six months ended  
(in thousands)   June 30,
2021
    June 30,
2020
 
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flow use from operating leases   $ 188     $ 188  
Operating cash flow use from finance leases   $ 5     $ 9  
Financing cash flow use from finance leases   $ 42     $ 39  
                 
Non-cash activity:                
Right-of-use assets obtained in exchange for lease obligations:                
Operating leases   $
-
    $ 83  
Finance Leases   $
-
    $
-
 

 

Schedule of weighted average remaining lease terms
Weighted average remaining lease term:      
Operating leases   1.2 years  
Finance Leases   1.3 years  

 

Schedule of weighted average discount rates
Weighted average discount rates:      
Operating leases     8 %
Finance Leases     8 %

 

Schedule of maturities of lease liabilities
(in thousands)            
Year ending December 31,   Operating
Leases
    Finance
Leases
 
2021 (excluding six months ended June 30, 2021)   $ 188     $ 47  
2022     252       64  
2023    
-
      4  
Total lease payments   $ 440     $ 115  
Less imputed interest     (21 )     (5 )
Present value of lease liabilities   $ 419     $ 110