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Note 7 - Leases

6 Months Ended

Jun. 30, 2022

7.	Leases

The Company has noncancelable operating leases for offices, manufacturing facilities, warehouse space, automobiles and equipment expiring at various dates through 2030.

The components of lease expense for the three and six months ended June 30, 2022 and 2021, are as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2022			2021			2022			2021
Operating lease cost	$	493		$	506		$	997		$	1,023
Short-term lease cost		58			55			122			101
Sublease income		(26	)		(26	)		(51	)		(51	)
Total lease cost	$	525		$	535		$	1,068		$	1,073

Supplemental cash flow information related to the Company's operating leases was as follows:

	Six Months Ended June 30,
(in thousands)	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:	$	1,173	$	1,061
Right-of-use assets obtained in exchange for lease obligations:	$	65	$	400

Supplemental balance sheet information related to the Company's operating leases was as follows:

	June 30,			December 31,
(in thousands)	2022			2021
Operating lease right-of-use assets	$	6,236		$	6,897

Current portion, operating lease liabilities	$	2,108		$	2,142
Operating lease liabilities, long-term		5,806			6,488
Total operating lease liabilities	$	7,914		$	8,630

Weighted average remaining lease term (years)		6.4			6.7
Weighted average discount rate		9.3	%		9.3	%

Future minimum lease payments for operating leases for each twelve-month period subsequent to June 30, 2022, are as follows:

Year Ending December 31,
(in thousands)
2022 (remainder of year)	$	1,066
2023		2,105
2024		1,747
2025		1,019
2026		980
Thereafter		3,871
Total lease payments		10,788
Less imputed interest		(2,874	)
Total operating lease liabilities	$	7,914