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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Summary of Lease Costs
The following summarizes quantitative information about the Company’s operating leases (table in thousands):
Three Months Ended June 30, 2022Three Months Ended June 30, 2021Six Months Ended June 30, 2022Six Months Ended June 30, 2021
Operating leases
Operating lease cost$431 $432 $880 $851 
Variable lease cost92 90 187 192 
Operating lease expense523 522 1,067 1,043 
Finance leases
Amortization of right-of-use assets141 67 282 112 
Interest on lease obligations45 20 92 33 
Finance lease expense186 87 374 145 
Short-term lease rent expense
Total rent expense$713 $613 $1,449 $1,196 
Other information
Operating cash flows from operating leases$447 $428 $911 $853 
Operating cash flows from finance leases$45 $21 $92 $34 
Financing cash flows from finance leases$119 $56 $237 $93 
Right of use assets exchanged for operating lease liabilities$— $1,476 $— $3,371 
Right of use assets exchanged for finance lease liabilities$— $316 $— $777 
Weighted-average remaining lease term – operating leases3.23.53.23.5
Weighted-average remaining lease term – finance leases4.95.54.95.5
Weighted-average discount rate – operating leases6.3 %6.2 %6.3 %6.2 %
Weighted-average discount rate – finance leases6.4 %5.5 %6.4 %5.5 %
Operating Lease Maturities
Future minimum rental payments under operating lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2022 (remaining)$861 $331 
Year ending December 31, 20231,456 669 
Year ending December 31, 20241,114 672 
Year ending December 31, 2025637 676 
Year ending December 31, 2026260 666 
Remaining future payments120 310 
Total$4,448 $3,324 
Less present value discount(420)(470)
Operating and finance lease liabilities$4,028 $2,854 
Finance Lease Maturities
Future minimum rental payments under operating lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2022 (remaining)$861 $331 
Year ending December 31, 20231,456 669 
Year ending December 31, 20241,114 672 
Year ending December 31, 2025637 676 
Year ending December 31, 2026260 666 
Remaining future payments120 310 
Total$4,448 $3,324 
Less present value discount(420)(470)
Operating and finance lease liabilities$4,028 $2,854