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Leases | 9 Months Ended
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Sep. 30, 2022
Lessee Disclosure [Abstract] |
Leases | 10. Leases Operating Leases As of September 30, 2022, the Company leases office space in Davis, CA, and Dallas, TX, as well as additional buildings, land and equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these short-term leases on a straight-line basis. The Company subleases a portion of the Davis office lease to third parties. In May 2022, the Company terminated its lease for office space in Chesterfield, MO effective September 30, 2022. The original lease term was scheduled to expire in May 2024. As a result, the Company paid $47,000 in early termination fees during the nine months ended September 30, 2022. In addition, the Company subleased the facility in Chatsworth, CA to Radiance Beauty as part of the licensing agreement beginning November 1, 2022 for the remainder of the lease term. During the nine months ended September 30, 2022, the Company entered into an agreement to lease office space in Dallas, TX. The new lease commenced in July 2022. Some leases (the Davis and Dallas offices, a warehouse, and a copy machine) include one or more options to renew, with renewal terms that can extend the lease term from one to six years. The exercise of lease renewal options is at the Company’s sole discretion. The Company’s lease agreements do not contain any material variable lease payments, material residual value guarantees or material restrictive covenants. Leases consisted of the following (in thousands):
Leases |  | Classification |  | September 30, 2022 |  |  | December 31, 2021 |
Assets |  |  |  |  |  |  |  |
Operating lease assets |  | Right of use asset |  | $ | 2,073 |  |  | $ | 3,081 |
Total leased assets |  |  |  | $ | 2,073 |  |  | $ | 3,081 |
Liabilities |  |  |  |  |  |  |  |
Current - Operating |  | Operating lease liability- current |  | $ | 986 |  |  | $ | 1,074 |
Noncurrent - Operating |  | Operating lease liability- noncurrent |  |  | 1,269 |  |  |  | 2,220 |
Total leased liabilities |  |  |  | $ | 2,255 |  |  | $ | 3,294 |
Lease Cost |  | Classification |  | Three Months Ended September 30, 2022 |  |  | Three Months Ended September 30, 2021 |  |  | Nine Months Ended September 30, 2022 |  |  | Nine Months Ended September 30, 2021 |
Operating lease cost |  | SG&A and R&D Expenses |  | $ | 271 |  |  | $ | 319 |  |  | $ | 815 |  |  | $ | 955 |
Short term lease cost (1) |  | R&D Expenses |  |  | (7 | ) |  |  | 37 |  |  |  | 4 |  |  |  | 67 |
Short term lease cost |  | SG&A Expenses |  |  | — |  |  |  | 14 |  |  |  | 0 |  |  |  | 29 |
Sublease income (2) |  | SG&A and R&D Expenses |  |  | (99 | ) |  |  | (10 | ) |  |  | (276 | ) |  |  | (43 | )
Net lease cost |  |  |  | $ | 165 |  |  | $ | 360 |  |  | $ | 543 |  |  | $ | 1,008 |
(1) Short term lease cost consists of field trial lease agreements with a lease term of 12 months or less. (2) Sublease income is recorded as a reduction to lease expense.
Lease Term and Discount Rate |  | September 30, 2022 |  |  | December 31, 2021 |
Weighted-average remaining lease term (years) |  |  | 2.3 |  |  |  | 2.7 |
Weighted-average discount rate |  |  | 6.4 | % |  |  | 6.0 | %

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- References No definition available. + Details
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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 + Details
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