Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.2
Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Schedule of components of lease expense
    Three months ended     Nine months ended  
(in thousands)   September 30,
2021
    September 30,
2020
    September 30,
2021
    September 30,
2020
 
Operating lease expense   $ 93     $ 93     $ 279     $ 279  
                                 
Finance lease cost                                
Amortization of right-to-use assets   $ 20     $ 20     $ 61     $ 61  
Interest on lease liabilities   $ 2     $ 4     $ 7     $ 12  
Total finance lease cost   $ 22     $ 24     $ 68     $ 73  

 

Schedule of supplemental cash flow information related to leases
    Nine months ended  
(in thousands)   September 30,
2021
    September 30,
2020
 
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flow use from operating leases   $ 282     $ 281  
Operating cash flow use from finance leases   $ 7     $ 12  
Financing cash flow use from finance leases   $ 63     $ 58  
                 
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     1.0 year  
Finance Leases     0.9 year  

 

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 nine months ended September 30, 2021)   $ 94     $ 24  
2022     252       64  
2023    
-
      4  
Total lease payments   $ 346     $ 92  
Less imputed interest     (13 )     (4 )
Present value of lease liabilities   $ 333     $ 88