Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

Leases

Rental income recognized from leasing manufacturing facilities was $375 thousand and $197 thousand for the years ended December 31, 2022 and December 31, 2021, respectively, and is included in other income in the consolidated statement of operations. As discussed in Note 6, “Property and Equipment” these facilities were sold in 2022 and the lease agreements between the tenants and the Company terminated.

The components of lease expense and supplemental cash flow information are as follows (in thousands):

	Years ended December 31,
	2022		2021
Operating lease expense	$	2,393	$	797
Finance lease expense:
Amortization of assets	15		15
Interest on lease liabilities	12		12
Total finance lease expense	27		27
Short-term lease expense	341		267
Total lease expense	$	2,761	$	1,091
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,934	$	1,107
Operating cash flows from finance leases	39		62
Financing cash flows from finance leases	6		8

Maturities of lease liabilities as of December 31, 2022 are as follows (in thousands):

Years ending December 31,	Operating Leases		Finance Leases
2023	$	4,159	$	39
2024	2,676		20
2025	1,391		—
2026	1,418		—
2027	1,339		—
Thereafter	3,444		—
Total lease payments	$	14,427	$	59
Less: Interest	(3,055)		(4)
Present value of lease liabilities	$	11,372	$	55

Supplemental balance sheet information related to leases is as follows (in thousands):

	December 31, 2022			December 31, 2021
Operating Leases
Operating lease right-of-use assets	$	5,900		$	2,041
Current portion of operating lease liabilities	$	3,328		$	602
Long-term operating lease liabilities	8,044			7,779
Total operating lease liabilities	$	11,372		$	8,381
Finance Leases
Property and equipment	$	147		$	147
Accumulated depreciation	(55)			(33)
Property and equipment, net	$	92		$	114
Current portion of finance lease liabilities	$	36		$	41
Long-term finance lease liabilities	19			53
Total finance lease liabilities	$	55		$	94
Weighted Average Remaining Lease Term
Operating leases	5.3 years			9.1 years
Finance leases	1.6 years			2.9 years
Weighted Average Discount Rate
Operating leases	9.3		%	8.9		%
Finance leases	8.9		%	8.9		%

Leases

Leases

Rental income recognized from leasing manufacturing facilities was $375 thousand and $197 thousand for the years ended December 31, 2022 and December 31, 2021, respectively, and is included in other income in the consolidated statement of operations. As discussed in Note 6, “Property and Equipment” these facilities were sold in 2022 and the lease agreements between the tenants and the Company terminated.

The components of lease expense and supplemental cash flow information are as follows (in thousands):

	Years ended December 31,
	2022		2021
Operating lease expense	$	2,393	$	797
Finance lease expense:
Amortization of assets	15		15
Interest on lease liabilities	12		12
Total finance lease expense	27		27
Short-term lease expense	341		267
Total lease expense	$	2,761	$	1,091
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,934	$	1,107
Operating cash flows from finance leases	39		62
Financing cash flows from finance leases	6		8

Maturities of lease liabilities as of December 31, 2022 are as follows (in thousands):

Years ending December 31,	Operating Leases		Finance Leases
2023	$	4,159	$	39
2024	2,676		20
2025	1,391		—
2026	1,418		—
2027	1,339		—
Thereafter	3,444		—
Total lease payments	$	14,427	$	59
Less: Interest	(3,055)		(4)
Present value of lease liabilities	$	11,372	$	55

Supplemental balance sheet information related to leases is as follows (in thousands):

	December 31, 2022			December 31, 2021
Operating Leases
Operating lease right-of-use assets	$	5,900		$	2,041
Current portion of operating lease liabilities	$	3,328		$	602
Long-term operating lease liabilities	8,044			7,779
Total operating lease liabilities	$	11,372		$	8,381
Finance Leases
Property and equipment	$	147		$	147
Accumulated depreciation	(55)			(33)
Property and equipment, net	$	92		$	114
Current portion of finance lease liabilities	$	36		$	41
Long-term finance lease liabilities	19			53
Total finance lease liabilities	$	55		$	94
Weighted Average Remaining Lease Term
Operating leases	5.3 years			9.1 years
Finance leases	1.6 years			2.9 years
Weighted Average Discount Rate
Operating leases	9.3		%	8.9		%
Finance leases	8.9		%	8.9		%