Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.22.2.2
COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF OPERATING LEASE INFORMATION

Supplemental balance sheet information related to leases was as follows (in thousands):

 

Operating Leases   Classification   September 30, 2022     December 31, 2021  
Right-of-use assets   Operating lease assets   $ 7,630     $ 8,021  
                     
Current lease liabilities   Current operating lease liabilities   $ 4,050     $ 4,599  
Non-current lease liabilities   Long-term operating lease liabilities     8,239       8,644  
        $ 12,289     $ 13,243  

 

Lease term and discount rate were as follows:

 

    September 30, 2022     December 31, 2021  
Weighted average remaining lease term (years)              6.2                6.7  
Weighted average discount rate     7.8 %     8.1 %
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of our operating lease liabilities as of September 30, 2022 are presented below (in thousands):

 

Year ending December 31:      
2022 (remaining three months)   $ 689  
2023     2,645  
2024     2,654  
2025     2,501  
2026     2,097  
Thereafter     5,162  
Total remaining lease payments     15,748  
Less: imputed interest     (3,459 )
Total lease liabilities   $ 12,289