XML 49 R35.htm IDEA: XBRL DOCUMENT

LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of future minimum lease payments

The table below reconciles the undiscounted future minimum lease payments under the Company’s operating and finance leases to the total operating and capital lease liabilities recognized on the consolidated balance sheets as of December 31, 2023 (in thousands):


	Operating Lease Liability		Finance Lease Liability
2024		4,511		209
2025		4,632		169
2026		4,428		108
2027		4,237		93
2028		2,172		93
Thereafter		—		—
Total undiscounted future minimum lease payments	$	19,980	$	672
Less: difference between undiscounted lease payments and discounted lease liabilities:		(2,070)		(19)
Total lease liabilities	$	17,910	$	653

Schedule of components of lease expenses

Operating and finance lease costs were $4.2 million and $4.6 million for years ended December 31, 2023 and 2022, respectively, which were included in the consolidated statement of income under the following headings (in thousands):


	For the years ended December 31,
Operating Lease expense	2023		2022
Costs of revenue - devices and supplies	$	367	$	359
Sales and marketing expense		1,105		1,456
General and administrative		2,542		2,643
Total operating lease expense	$	4,014	$	4,458

Finance Lease expense
Amortization of right-of-use asset:
Selling, general and administrative	$	116	$	117
General and administrative		31		2
Total amortization of right-of-use asset		147		119
Interest expense and other		24		36
Total finance lease expense	$	171	$	155