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8. LEASES (Tables) | 6 Months Ended
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Jun. 30, 2022
Leases [Abstract] |
Components of Lease Expense | The components of lease expense were as follows: Components of Lease Expense
|  |  | Three Months Ended |  |  | Six Months Ended
|  |  | June 30, |  |  | June 30,
(in thousands) |  |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021
Operating lease expense |  | $ | 257 |  | $ | 116 |  | $ | 501 |  | $ | 232
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 6 |  |  | 9 |  |  | 14 |  |  | 17
Interest on lease liabilities |  |  | - |  |  | 1 |  |  | 1 |  |  | 2
Total finance lease expense |  |  | 6 |  |  | 10 |  |  | 15 |  |  | 19
Total lease expense |  | $ | 263 |  | $ | 126 |  | $ | 516 |  | $ | 251
Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows: Cash Flow Information Related to Leases
|  |  | Six Months Ended
|  |  | June 30,
(in thousands) |  |  | 2022 |  |  | 2021
Cash paid for amounts included in measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 619 |  | $ | 335
Operating cash flows from finance leases |  |  | 1 |  |  | 2
Financing cash flows from finance leases |  |  | 15 |  |  | 18
Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows: Supplemental Balance Sheet Information Related to Leases
|  |  | June 30, |  |  | December 31,
(in thousands) |  |  | 2022 |  |  | 2021
Operating leases |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 5,482 |  | $ | 5,577
Current portion of operating lease liability |  |  | 590 |  |  | 849
Operating lease liability, net of current portion |  |  | 5,029 |  |  | 4,983
Total operating lease liabilities |  | $ | 5,619 |  | $ | 5,832
Finance leases |  |  |  |  |  |
Property and equipment, at cost |  | $ | 112 |  | $ | 112
Accumulated depreciation |  |  | (71) |  |  | (56)
Property and equipment, net |  | $ | 41 |  | $ | 56
Current portion of finance lease obligations |  | $ | 24 |  | $ | 21
Finance lease obligations, net of current portion |  |  | 8 |  |  | 26
Total finance lease liabilities |  | $ | 32 |  | $ | 47
Weighted Average Remaining Lease Term |  |  |  |  |  |
Operating leases |  |  | 9.2 years |  |  | 9.5 years
Finance leases |  |  | 0.8 years |  |  | 1.2 years
Weighted Average Discount Rate |  |  |  |  |  |
Operating leases |  |  | 2.7% |  |  | 2.5%
Finance leases |  |  | 6.3% |  |  | 6.3%
Maturities of Lease Liabilities | As of June 30, 2022, maturities of lease liabilities were as follows: Maturities of Lease Liabilities
(in thousands) |  |  | Operating |  |  | Finance
Years Ended December 31, |  |  | leases |  |  | leases
2022 |  | $ | 340 |  | $ | 13
2023 |  |  | 611 |  |  | 21
2024 |  |  | 627 |  |  | -
2025 |  |  | 643 |  |  | -
Thereafter |  |  | 4,164 |  |  | -
Total minimum lease payments |  |  | 6,385 |  |  | 34
Less: amount representing interest |  |  | (766) |  |  | (2)
Present value of capital lease liabilities |  | $ | 5,619 |  | $ | 32

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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