XML 29 R15.htm IDEA: XBRL DOCUMENT v3.22.2.2
LEASES
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
LEASES LEASESThe Company leases its offices at various locations under noncancelable operating lease agreements expiring at various dates through 2027. Under the terms of these agreements, the Company also bears the costs for certain insurance, property tax, and maintenance. The terms of certain lease agreements provide for increasing rental payments at fixed intervals.
Total operating lease related costs were as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2022202120222021
Operating lease cost$263 $333 $802 $807 
Short-term lease cost38 25 263 77 
Total lease cost$301 $358 $1,065 $884 
The weighted-average remaining term of the Company’s operating leases was 3.2 years and 3.6 years as of September 30, 2022 and December 31, 2021, respectively, and the weighted-average discount rate used to measure the present value of the operating lease liabilities was 7.5% as of both September 30, 2022 and December 31, 2021.
Maturities of operating lease liabilities as of September 30, 2022 were as follows (in thousands):
Fiscal year ending December 31,
Amount
Remainder of 2022
$296 
2023990 
2024449 
2025278 
2026212 
Thereafter212 
Total undiscounted cash flows$2,437 
Less: imputed interest(270)
Present value of lease liabilities$2,167 
Operating lease liabilities, current$1,033 
Operating lease liabilities, non-current1,134 
$2,167