Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.1
Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases  
Schedule of future minimum lease payments, excluding expense reimbursements, under noncancelable operating leases

The following table presents information about the amount and timing of the liability arising from the Company’s operating lease as of March 31, 2021 ($ in thousands):

 

 

 

 

 

 

 

 

Operating Lease

 

Maturity of Lease Liability

 

Liability

 

2021 (remainder of year)

    

$

155

 

2022

 

 

207

 

2023

 

 

207

 

2024

 

 

207

 

2025

 

 

207

 

Thereafter

 

 

18

 

Total undiscounted operating lease payments

 

$

1,001

 

Less: Imputed interest

 

 

(226)

 

Present value of operating lease liability

 

$

775

 

Weighted average remaining lease term

 

 

4.7 years

 

Weighted average discount rate

 

 

11.0

%

 

Schedule of Summary of supplemental cash flows information related to leases

Supplemental cash flows information related to leases was as follows ($ in thousands):

 

 

 

 

 

 

 

 

March 31, 

 

 

    

2021

 

Cash paid for amounts included in the measurement of lease liability:

 

 

 

 

Operating cash flows from operating lease

 

$

52