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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2022
Commitments And Contingencies Disclosure [Abstract]  
Components of Lease Expense

The components of lease expense were as follows:

 

 

 

For the Three Months

Ended March 31,

 

 

 

2022

 

 

2021

 

Operating lease cost(a)

 

$

102

 

 

$

49

 

(a) Includes variable operating lease expenses, which are immaterial

 

Schedule of Other Information Related to Leases

Other information related to leases was as follows (in thousands, except lease term and discount rate):

 

 

 

For the Three Months

Ended March 31,

 

 

 

2022

 

 

2021

 

Supplemental Cash Flows Information

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liability:

 

 

 

 

 

 

 

 

Operating cash flows from operating lease

 

$

97

 

 

$

49

 

Remaining lease term

 

 

 

 

 

 

 

 

Operating lease

 

2.16 years

 

 

0.5 years

 

Discount rate

 

 

 

 

 

 

 

 

Operating lease

 

 

3.00

%

 

 

3.25

%

Schedule of Future Payments Under Noncancelable Operating Leases

Future payments under noncancelable operating leases having initial or remaining terms of one year or more are as follows for the succeeding fiscal year and thereafter (in thousands):

 

 

 

March 31,

 

 

 

2022

 

2022 (remainder of)

 

$

291

 

2023

 

 

212

 

2024

 

 

200

 

Total minimum lease payments

 

 

703

 

Less imputed interest

 

 

(25

)

Present value of lease liabilities

 

 

678

 

Less current portion of operating lease liability

 

 

(328

)

Non-current operating lease liability

 

$

350