Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.22.0.1
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2021
Operating leases  
Schedule of lease cost

The following table shows the lease costs for the years ended December 31, 2021 and 2020 (in thousands):

Year ended

December 31, 

     

2021

     

2020

Lease cost:

Operating lease cost

 

$

4,259

 

$

4,044

Short-term lease cost

 

419

 

359

 

$

4,678

 

$

4,403

Year ended

December 31, 

2021

     

2020

Other information:

Operating cash outflows from operating leases (in thousands)

$

4,101

 

$

3,769

December 31, 

2021

2020

Weighted-average remaining lease term - operating leases

7.8 years

6.3 years

Weighted-average discount rate - operating leases

6.8%

7.2%

Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities as of December 31, 2021 are as follows (in thousands):

     

Operating leases

     

2022

 

$

3,939

2023

 

4,057

2024

 

3,993

2025

 

4,041

2026

 

4,090

after 2026

 

12,896

Total lease payments

33,016

Less: imputed interest

7,548

Present value of lease liability

$

25,468