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Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Summary of Company's Lease Information

For the three and nine months ended September 30, 2022 and 2021, a summary of the Company’s lease information is shown below:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease costs

 

$

168

 

 

$

168

 

 

$

504

 

 

$

504

 

Other information:

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for operating leases

 

$

186

 

 

$

180

 

 

$

555

 

 

$

540

 

Scheduled Future Maturities and Present Value of Operating Lease Liabilities

As of September 30, 2022, scheduled future maturities and present value of the operating lease liabilities are as follows:

 

(In thousands)

 

 

 

Year

 

September 30, 2022

 

Remainder of 2022

 

$

188

 

2023

 

 

765

 

2024

 

 

542

 

2025

 

 

77

 

Total maturities

 

$

1,572

 

Present value included in condensed consolidated balance sheet:

 

 

 

Current portion of operating lease liabilities

 

$

674

 

Noncurrent operating lease liabilities

 

 

778

 

Total operating lease liabilities

 

$

1,452

 

Difference between the maturities and the present value of operating lease liabilities

 

$

120