Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Assets and Liabilities
Total ROU assets and lease liabilities are as follows:
December 31,
2022 2021
(In thousands)
Right-of-use assets:
Net book value (Other assets) $ 13,545  $ 11,073 
Operating lease liabilities:
Current (Accrued expense and other current liabilities) $ 2,411  $ 2,222 
Noncurrent (Other noncurrent liabilities) 12,201  9,143 
14,612  11,365 
Financing lease liabilities:
Current (Accrued expense and other current liabilities) $ 35  $ 33 
Noncurrent (Other noncurrent liabilities) 5  41 
$ 40  $ 74 
Total lease liabilities $ 14,652  $ 11,439 
Lease-Related Balances
Information about lease-related balances were as follows:
December 31,
2022 2021
(In thousands, except years and percentages)
Operating lease expense $ 2,956  $ 1,058 
Financing lease expense 36  31 
Short-term lease expense 351  186 
Total lease expense $ 3,343  $ 1,275 
Cash paid for leases $ 2,360  $ 1,018 
Weighted – average remaining lease term – operating leases (years) 4.1 4.9
Weighted – average discount rate – operating leases 8.7% 4.4%
Future Minimum Lease Payments
Maturity of operating lease liabilities as of December 31, 2022 are as follows:
(In thousands)
2023
 $ 2,786 
2024
 2,730 
2025
 2,266 
2026 2,313 
Thereafter 13,670 
Total operating lease payments $ 23,765 
Less portion representing imputed interest (9,153)
Total operating lease liabilities $ 14,612 
Less current portion 2,411 
Long-term portion $ 12,201