Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases

Summary of Quantitative Information About Operating Leases

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

	For the Years Ended
	December 31, 2021		December 31, 2020
Operating leases
Operating lease cost	$	816	$	11
Variable lease cost	$	-	$	1
Operating lease expense		816		12
Total rent expense	$	816	$	12

	For the Years Ended
	December 31, 2021			December 31, 2020
Operating cash flows used in operating leases	$	(357	)	$	(11	)
Right-of-use assets obtained in exchange for operating lease liabilities	$	-		$	4,740
Weighted-average remaining lease term – operating leases (in years)		9.4			10.3
Weighted-average discount rate – operating leases		10.00	%		10.00	%

Schedule of Maturity of Operating Leases

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

Year Ended December 31, 2022	$	774
Year Ended December 31, 2023		738
Year Ended December 31, 2024		747
Year Ended December 31, 2025		768
Year Ended December 31, 2026		783
Thereafter		3,876
Total		7,686
Less present value discount		(2,825	)
Operating lease liabilities	$	4,861