Note 8 - Leases

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

8. Leases

Lessee Information

Components of operating lease expense are primarily recorded in general and administrative on the condensed consolidated statements of operations and comprehensive loss were as follows:

	Three Months Ended March 31,
	2023		2022
	(in thousands)
Long-term Operating	$	451	$	398
Short-term Operating		-		-
Total Operating lease expense	$	451	$	398

Supplemental balance sheet information related to operating leases was as follows:

	March 31, 2023			December 31, 2022
Weighted-average remaining lease term (in years)		6.7			6.8
Weighted-average discount rate		8.4%			8.4%
Incremental borrowing rate	7.07%	-	14.5%	6.1%	-	14.5%

Maturities of operating lease obligations as of March 31, 2023 were as follows (in thousands):

Fiscal Year
2023	$	897
2024		1,142
2025		1,061
2026		847
2027		780
Thereafter		2,199
Total minimum lease payments	$	6,926
Less: Amount of lease payments representing interest		(1,583	)
Present value of future minimum lease payments	$	5,343