Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases  
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:

 

    2022     2021  
    Year Ended December 31,  
    2022     2021  
Lease Cost                
Operating lease cost, net of related party license fee   $ 92     $ 139  
Variable lease cost     120       119  
Total lease cost   $ 212     $ 258  

 

    As of December 31,  
    2022     2021  
Assets                
Operating lease, right-of-use asset   $ 428     $ 687  
Liabilities                
Current                
Operating lease liabilities   $ 245     $ 307  
Non-current                
Operating lease liabilities, net of current portion     178       385  
Total lease liabilities   $ 423     $ 692  
                 
Other information:                
Weighted average remaining lease term - operating leases     1.79 years       2.49 years  
Weighted-average discount rate - operating leases     7.36 %     7.66 %
Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments under non-cancellable operating leases as of December 31, 2022 were as follows:

 

Year Ended December 31,   Amount  
2023   $ 266  
2024     176  
2025    

7

  
Total future minimum lease payments    

449

  
Imputed interest     (26 )
Total liability   $ 423  
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, 2022 and 2021:

 

    2022     2021  
    Years Ended December 31,  
    2022     2021  
Cash paid for amounts included in measurement of lease liabilities:   $ (342 )   $ (324 )