LEASES (Tables)

9 Months Ended

Sep. 30, 2021

LEASES

Components of lease expense

	For the Nine Months Ended
	September 30,
(thousands of dollars)	2021		2020
Operating lease cost	$	115	$	112

Schedule of Supplemental Cash Flow Information Related to Leases

	For the Nine Months Ended
	September 30,
(thousands of dollars)	2021		2020
Cash paid for amounts included in lease liabilities:
Operating cash flows from operating leases	$	115	$	115
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	258	$	383

Schedule of Supplemental Balance Sheet Information Relating to Leases

	September 30,		December 31,
(thousands of dollars, except lease term and discount rate)	2021		2020
Operating Leases
Operating lease right-of-use assets	$	258	$	353
Current portion of lease liabilities		151		149
Operating lease liabilities – long term portion		117		214
Total operating lease liabilities	$	268	$	363

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

	For the Three Months Ended
	September 30,
	2021		2020
Weighted Average Remaining Lease Term (in years)	1.8		3.0
Discount Rate	9.5	%	9.5	%

Schedule of Maturities of Lease Liabilities for Operating Leases

Lease payments by year	September 30,
(in thousands)	2021
2021 (remainder of year)	$	39
2022		158
2023		92
Total lease payments		289
Less imputed interest		(21)
Total	$	268