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LEASES (Tables)
 9 Months Ended
Sep. 30, 2023
Leases  
SCHEDULE OF COMPONENTS OF LEASE EXPENSE

The components of lease expense were as follows:

 

(in thousands)  2023   2022   2023   2022 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
(in thousands)  2023   2022   2023   2022 
Operating lease expense  $667   $365   $1,949   $865 
Finance lease expense:                    
Amortization of leased assets   6    6    19    19 
Interest on lease liabilities   -    1    1    2 
Total finance lease expense   6    7    20    21 
Total lease expense  $673   $372   $1,969   $886 
SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES

Supplemental cash flow information related to leases was as follows:

 

(in thousands)  2023   2022 
   Nine Months Ended 
   September 30, 
(in thousands)  2023   2022 
Cash paid for amounts included in measurement of lease liabilities:        
Operating cash flows from operating leases  $1,813    938 
Operating cash flows from finance leases   1    2 
Financing cash flows from finance leases   19    20 
SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES

Supplemental balance sheet information related to leases was as follows:

 

   September 30,   December 31, 
(in thousands)  2023   2022 
Operating leases          
Operating lease right-of-use assets  $14,223   $14,579 
           
Current portion of operating lease liability   2,432    1,846 
Operating lease liability, net of current portion   13,027    13,829 
Total operating lease liabilities  $15,459   $15,675 
           
Finance leases          
Property and equipment, at cost  $112   $112 
Accumulated depreciation   (93)   (80)
Property and equipment, net  $19   $32 
           
Current portion of finance lease obligations  $2   $21 
Finance lease obligations, net of current portion   -    - 
Total finance lease liabilities  $2   $21 
           
Weighted Average Remaining Lease Term          
Operating leases   8.7 years    9.6 years 
Finance leases   0.1 years    0.8 years 
           
Weighted Average Discount Rate          
Operating leases   4.6%   4.6%
Finance leases   5.6%   6.3%
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

As of September 30, 2023, maturities of lease liabilities were as follows:

 

(in thousands)  Operating   Finance 
Years Ended December 31,  leases   leases 
2023  $642   $2 
2024   2,340        - 
2025   2,003    - 
2026   2,023    - 
Thereafter   11,631    - 
Total minimum lease payments   18,639    2 
Less: amount representing interest   (3,180)   - 
Present value of capital lease liabilities  $15,459   $2