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Leases
 3 Months Ended
Mar. 31, 2022
Disclosure Text Block [Abstract]  
LEASES

NOTE 12. LEASES

The Group has operating leases for office spaces and warehouses. Certain leases include renewal options and/or termination options, which are factored into the Group’s determination of lease payments when appropriate.

Operating lease cost for the three months ended March 31, 2022 was $783, which excluded cost of short-term contracts. Short-term lease cost for the three months ended March 31, 2022 was $108.

As of March 31, 2022, the weighted average remaining lease term was 12.2 years and weighted average discount rate was 4.9% for the Group’s operating leases.

Supplemental cash flow information of the leases were as follows:

  

For the
period ended
March 31,
2022

Cash payments for operating leases

  

$

798

Right-of-use assets obtained in exchange for new operating lease liabilities

  

$

119

The following is a maturity analysis of the annual undiscounted cash flows for lease liabilities as of March 31, 2022:

  

As of
March 31,
2022

Nine months period ending December 31, 2022

  

$

2,321

 

2023

  

$

2,665

 

2024

  

$

2,004

 

2025

  

$

1,552

 

2026

  

$

1,552

 

2027

  

$

1,552

 

Thereafter

  

$

12,546

 

Total future lease payments

  

$

24,192

 

Less: Imputed interest

  

$

(5,869

)

Present value of operating lease liabilities

  

$

18,323