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Leases

9 Months Ended

Sep. 30, 2022

Leases Disclosure [Abstract]

LEASES

Note 4. LEASES

The Company has operating and finance leases for leased office and manufacturing facilities and equipment leases. The Company leases certain machinery and equipment under finance leases and leases its offices and manufacturing facilities under operating leases. The leases have remaining lease terms of one to six years, some of which include options to extend or terminate the leases.

		September 30,				December 31,
		2022				2021
Weighted Average Remaining Lease Term - in years			3.91				4.53
Weighted Average discount rate - %			8.97	%			8.89	%

The aggregate undiscounted cash flows of operating lease payments for leases with remaining terms greater than one year are as follows:

		Amount
December 31, 2022 (remainder of year)		$	257,000
December 31, 2023			1,038,000
December 31, 2024			1,070,000
December 31, 2025			992,000
December 31, 2026			729,000
Total future minimum lease payments			4,086,000
Less: discount			(663,000	)
Total operating lease maturities			3,423,000
Less: current portion of operating lease liabilities			(754,000	)
Total long term portion of operating lease maturities		$	2,669,000

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- References

No definition available.

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- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-URI https://asc.fasb.org/subtopic&trid=77888251

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