Note 10 - Leases

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

10. Leases

The Company is a lessee under certain operating leases for office space and equipment. 

The components of lease expenses consisted of the following for the periods presented (in thousands):

		Three Months Ended				Six Months Ended
		June 30,				June 30,
Lease Costs	Classification	2023		2022		2023		2022
Operating lease cost	Selling, General and Administrative Expense	$	71	$	114	$	141	$	255
Short-term lease cost	Selling, General and Administrative Expense		35		137		111		262
Variable costs	Selling, General and Administrative Expense		15		24		31		53
Total lease cost		$	121	$	275	$	283	$	570

⁽¹⁾ Variable lease expense consists primarily of property taxes, property insurance, and common area or other maintenance costs for the Company’s leases of office space.

The following includes supplemental information for the periods presented (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	106	$	258	$	256	$	529
Assets obtained in exchange for new operating lease liabilities
Operating lease	$	808	$	-	$	1,111	$	-

Balance sheet information related to leases consisted of the following as of the periods presented (in thousands): 

	June 30, 2023			December 31, 2022
Assets:
Operating lease right-of-use assets	$	1,856		$	969
Liabilities:
Current portion of operating lease liabilities		878			363
Non-current portion of operating lease liabilities		978			606
Total operating lease liabilities	$	1,856		$	969
Weighted-average remaining lease term - operating leases (in years)		2.1			2.04
Weighted-average discount rate - operating leases		10.0	%		6.4	%

The following table summarizes the maturities of lease liabilities as of June 30, 2023 (in thousands):

Period Ending December 31,	Amount
2023	$	482
2024		791
2025		862
2026		84
2027		49
Thereafter		45
Total Lease Payments		2,313
Less: imputed interest		457
Total	$	1,856