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LEASES (Tables)
6 Months Ended
Jun. 30, 2021
LEASES  
Components of lease expense

    

For the Six Months Ended

June 30, 

(thousands of dollars)

2021

2020

Operating lease cost

$

77

$

81

Schedule of Supplemental Cash Flow Information Related to Leases

For the Six Months Ended

June 30, 

(thousands of dollars)

    

2021

2020

Cash paid for amounts included in lease liabilities:

 

  

  

Operating cash flows from operating leases

$

77

$

79

Right-of-use assets obtained in exchange for lease obligations:

 

  

 

  

Operating leases

$

291

$

424

Schedule of Supplemental Balance Sheet Information Relating to Leases

    

June 30, 

December 31, 

(thousands of dollars, except lease term and discount rate)

2021

2020

Operating Leases

 

  

  

Operating lease right-of-use assets

$

291

$

353

Current portion of lease liabilities

$

151

$

149

Operating lease liabilities – long term portion

 

150

 

214

Total operating lease liabilities

$

301

$

363

Schedule of Weighted-average Remaining Lease Term and Discount Rate for Operating Leases

For the Three Months Ended

June 30, 

2021

2020

Weighted Average Remaining Lease Term (in years)

    

2.0

3.2

Discount Rate

 

9.5

%

9.5

%

Schedule of Maturities of Lease Liabilities for Operating Leases

Lease payments by year

    

June 30, 

(In thousands)

2021

2021 (remainder of year)

$

79

2022

 

158

2023

 

92

Total lease payments

 

329

Less imputed interest

 

(28)

Total

$

301