Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease, Cost

Information regarding the Company’s operating leases for the years ended December 31 is as follows:

(in thousands)	2021		2020
Operating leases	$	1,376	$	1,293
Short-term leases (a)	323		159
Lease expense	$	1,699	$	1,452
Sub-lease income	—		—
Lease cost	$	1,699	$	1,452

(a) Leases with an initial term of twelve months or less are not recorded on the Consolidated Balance Sheets.

Lessee, Operating Lease Liability, Current and Non-current

Components of the operating lease liability presented on the Consolidated Balance Sheets for the years ended December 31 are as follows:

(in thousands)	2021		2020
Current:
Operating lease liabilities	$	1,547	$	1,068
Non-current:
Operating lease liabilities	3,782		2,601
Total operating lease liabilities	$	5,329	$	3,669

Lessee, Operating Lease, Liability, Maturity

The future minimum lease payments under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of December 31, 2021, are summarized as follows:

Year Ended (in thousands)
2022	$	1,732
2023	1,390
2024	1,075
2025	736
2026	588
Thereafter	266
Total undiscounted payments	$	5,787
Less: present value adjustment	(458)
Operating lease liabilities	$	5,329

Operating Lease Other Information

Supplemental lease information for the years ended December 31 is as follows:

	2021		2020
Weighted average remaining lease term (years)	4.13		4.24
Weighted average discount rate	4.2	%	4.6	%