LEASES (Tables)

3 Months Ended

Mar. 31, 2021

LEASES

Components of lease expense

	For the Three Months Ended
	March 31,
(thousands of dollars)	2021		2020
Operating lease cost	$	38	$	40

Schedule of Supplemental Cash Flow Information Related to Leases

	For the Three Months Ended
	March 31,
(thousands of dollars)	2021		2020
Cash paid for amounts included in lease liabilities:
Operating cash flows from operating leases	$	39	$	39
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	322	$	454

Schedule of Supplemental Balance Sheet Information Relating to Leases

	March 31,		December 31,
(thousands of dollars, except lease term and discount rate)	2021		2020
Operating Leases
Operating lease right-of-use assets	$	322	$	353
Current portion of lease liabilities	$	150	$	149
Operating lease liabilities – long term portion		182		214
Total operating lease liabilities	$	332	$	363

Schedule of Weighted-average Remaining Lease Term and Discount Rate for Operating Leases

	For the Three Months Ended
	March 31,
	2021		2020
Weighted Average Remaining Lease Term (in years)	2.6		3.5
Discount Rate	9.5	%	9.5	%

Schedule of Maturities of Lease Liabilities for Operating Leases

Lease payments by year	March 31,
(In thousands)	2021
2021 (remainder of year )	$	117
2022		158
2023		92
Total lease payments	$	367
Less imputed interest		(35)
Total	$	332