Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases  
Schedule of Components of Lease Expense

The components of lease expense were as follows:

Schedule of Components of Lease Expense

    2022     2021  
    Years Ended December 31,  
    2022     2021  
Operating lease cost   $ 951     $ —  
Short-term lease cost     95       32  
Variable lease cost     20       —  
Total lease cost   $ 1,066     $ 32  
Schedule of Future Lease Payments of Operating Lease Liabilities

The Company’s future lease payments as of December 31, 2022, which are presented as operating lease liabilities, current portion and operating lease liabilities, less current portion on the Company’s consolidated balance sheets are as follows:

 

2023   $ 1,078  
2024     1,019  
2025     60  
Total lease payments   $ 2,157  
Less: imputed interest     (158 )
Present value of lease liabilities   $ 1,999  
Schedule of Cash Flow Supplemental Information

Supplemental disclosure of cash flow information related to the Company’s cash and non-cash activities with its leases are as follows:

 

    Year Ended December 31,  
    2022     2021  
Cash paid for amounts included in the measurement of lease liabilities            
Operating cash flows from operating leases   $ 949     $ —  
Non-cash investing and financing activities                
Right-of-use assets obtained in exchange for new operating lease liabilities   $ 2,763     $ —  
Weighted-average remaining lease term - operating leases (in years)     2.03       —  
Weighted-average discount rate - operating leases     7.875 %     — %