Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases

Summary of Quantitative Information About Operating Leases

The following summarizes quantitative information about our operating leases (amounts in thousands): 

	For the Nine Months Ended September 30, 2021
Operating leases
Operating lease cost	$	611
Variable lease cost		-
Operating lease expense		611
Short-term lease rent expense		-
Total rent expense	$	611

	For the Nine Months Ended September 30, 2021
Operating cash flows used in operating leases	$	(168	)
Right-of-use assets obtained in exchange for operating lease liabilities	$	-
Weighted-average remaining lease term – operating leases (in years)		9.7
Weighted-average discount rate – operating leases		10.00	%

Schedule of Maturity of Operating Leases

Maturities of the Company’s operating leases, excluding short-term leases, are as follows (amounts in thousands):

Remaing Months Ended December 31, 2021	$	190
Year Ended December 31, 2022		774
Year Ended December 31, 2023		738
Year Ended December 31, 2024		747
Year Ended December 31, 2025		768
Thereafter		4,659
Total		7,876
Less present value discount		(2,948	)
Operating lease liabilities	$	4,928