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 |
% |
|