Motus GI Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

Leases (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Lease Cost and Supplemental Balance Sheet Information

The components of lease cost and supplemental balance sheet information for the Company’s lease portfolio were as follows:

	2021		2020
	Year Ended December 31,
	2021		2020
Lease Cost
Operating lease cost, net of related party license fee	$	139	$	176
Variable lease cost		119		118
Total lease cost	$	258	$	294

	As of December 31,
	2021			2020
Assets
Operating lease, right-of-use- asset	$	687		$	766
Liabilities
Current
Operating lease liabilities	$	307		$	238
Non-current
Operating lease liabilities, net of current portion		385			547
Total lease liabilities	$	692		$	785

Other information:
Weighted average remaining lease term - operating leases		2.49 years			3.33 years
Weighted-average discount rate - operating leases		7.66	%		7.78	%

Schedule of Future Minimum Lease Payments for Capital Leases

Future minimum lease payments under non-cancellable operating leases as of December 31, 2021 were as follows:

Year Ended December 31,	Amount
2022	$	346
2023		251
2024		156
Total future minimum lease payments		753
Imputed interest		(61	)
Total liability	$	692

Schedule of Measurement of Lease Liability

The following table summarizes the cash paid for amounts included in the measurement of lease liabilities for the years ended December 31, 2021 and 2020:

		2021	2020
	Years Ended December 31,
	2021			2020
Cash paid for amounts included in measurement of lease liabilities:	$	(324	)	$	(335	)