Leases (Tables)

9 Months Ended

Sep. 30, 2022

Total right-of-use (“ROU”) assets and lease liabilities are as follows:


	September 30,		December 31,
	2022		2021
	(In thousands)
Right-of-use assets:
Net book value (Other assets)	$	15,092	$	11,073
Operating lease liabilities:
Current (Accrued expense and other current liabilities)	$	2,604	$	2,222
Noncurrent (Other noncurrent liabilities)	13,200		9,143
	15,804		11,365
Financing lease liabilities:
Current (Accrued expense and other current liabilities)	$	34	$	33
Noncurrent (Other noncurrent liabilities)	14		41
	$	48	$	74
Total lease liabilities	$	15,852	$	11,439

Information about lease-related balances were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(In thousands, except years and percentages)
Operating lease expense	$	721	$	208	$	2,156	$	511
Financing lease expense	9		9		27		22
Short-term lease expense	95		41		262		76
Total lease expense	$	825	$	258	$	2,445	$	609
Cash paid for leases	$	689	$	178	$	1,653	$	805
Weighted – average remaining lease term – operating leases (years)	4.3		2.9		4.3		2.9
Weighted – average discount rate – operating leases	8.6%		4.4%		8.6%		4.4%

Maturity of operating lease liabilities as of September 30, 2022 are as follows:


	(In thousands)
Remainder of 2022	$	707
2023	2,786
2024	2,730
2025	2,266
2026	2,313
Thereafter	13,670
Total operating lease payments	$	24,472
Less portion representing imputed interest	(8,668)
Total operating lease liabilities	$	15,804
Less current portion	2,604
Long-term portion	$	13,200