LEASES (Tables)

3 Months Ended

Mar. 31, 2022

LEASES

Schedule of Components of lease expense

	For the Three Months Ended
	March 31,
(thousands of dollars)	2022		2021
Operating lease cost	$	38	$	38

Schedule of Supplemental Cash Flow Information Related to Leases

	For the Three Months Ended
	March 31,
(thousands of dollars)	2022		2021
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	$	192	$	322

Schedule of Supplemental Balance Sheet Information Relating to Leases

	March 31,		December 31,
(thousands of dollars)	2022		2021
Operating Leases
Operating lease right-of-use assets	$	192	$	226
Current portion of lease liabilities		152		152
Operating lease liabilities – long term portion		48		83
Total operating lease liabilities	$	200	$	235

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

	For the Three Months Ended
	March 31,
	2022		2021
Weighted Average Remaining Lease Term (in years)	1.3		2.6
Discount Rate	9.5	%	9.5	%

Schedule of Maturities of Lease Liabilities for Operating Leases

Lease payments by year	March 31,
(in thousands)	2022
2022 (remainder of year)	$	119
2023		92
2024		—
Total lease payments		211
Less imputed interest		(11)
Total	$	200