LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease Costs

Information about the Company’s lease costs are as follows:

	Year Ended December 31,
Lease costs (in thousands):	2021		2020
Operating lease costs	$	134	$	124
Finance lease costs:
Amortization of right-of-use assets	216		216
Interest on lease liabilities	12		22
Variable lease costs	12		13
Total lease costs	$	374	$	375

Cash information related to our leases are as follows:

	Year Ended December 31, 2021				Year Ended December 31, 2020
(in thousands)	Operating		Finance		Operating		Finance
Cash paid for lease liabilities	$	135	$	228	$	110	$	251

Information about the Company’s weighted average remaining lease terms and discount rate assumptions are as follows:

	Year Ended December 31, 2021		Year Ended December 31, 2020
	Operating	Finance	Operating	Finance
Weighted average remaining lease term (in years)	1.0	0.8	2.0	1.7
Weighted average discount rate	3.98%	4.00%	4.03%	4.00%

Maturity of Finance Lease Liabilities

Maturities of lease liabilities as of December 31, 2021 are as follows:

(In thousands)	Operating		Finance
2022	$	125	$	168
2023	—		18
Total lease payments	125		186
Less imputed interest	(3)		(3)
Present value of lease liabilities	122		183
Less current portion of lease liabilities	(122)		(165)
Long-term portion of lease liabilities	$	—	$	18

Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2021 are as follows:

(In thousands)	Operating		Finance
2022	$	125	$	168
2023	—		18
Total lease payments	125		186
Less imputed interest	(3)		(3)
Present value of lease liabilities	122		183
Less current portion of lease liabilities	(122)		(165)
Long-term portion of lease liabilities	$	—	$	18