Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.22.4
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of right-of-use assets and lease liabilities
                   
        December 31,  
Leases   Classification   2022     2021  
Assets                    
Operating lease assets   Right-of-use lease asset, net(1)   $ 5,697     $ 6,585  
Total leased assets       $ 5,697     $ 6,585  
                     
Liabilities                    
Current                    
Operating   Other accrued expenses   $ 2,923     $ 2,599  
Noncurrent                    
Operating   Other long-term liabilities     3,063       4,160  
Total lease liabilities       $ 5,986     $ 6,759  

 

 
(1) Operating right of-use lease assets are recorded net of accumulated amortization of $6.4 million and $5.2 million as of December 31, 2022 and 2021, respectively.
Schedule of lease components
                   
        Year Ended
December 31,		  
Lease Cost   Classification   2022     2021  
Operating lease cost   General and administrative   $ 2,830     $ 3,007  
Amortization of right of use assets   General and administrative     2,557       2,450  
Interest on lease liabilities   General and administrative     388       500  
Total lease cost       $ 5,775     $ 5,957  
Schedule of Future minimum lease payments
       
2023   $ 2,930  
2024     2,901  
2025     579  
2026     15  
2027     -  
Thereafter     -  
Total lease payments     6,425  
Less: Interest     (439 )
Present value of lease liabilities   $ 5,986  
Schedule of weighted average remaining lease term
     
Weighted Average Remaining Lease Term (Years)   December 31,
2022		  
Operating leases   2.2 years  

 

Weighted Average Discount Rate      
Operating leases   6.95%