Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.22.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2022
Operating leases  
Schedule of weighted-average remaining lease term and the weighted-average discount rate

The following table shows the weighted-average remaining lease term and the weighted-average discount rate as at March 31, 2022 and 2021:

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March 31, 

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2022

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2021

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Weighted-average remaining lease term - operating leases

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7.6 years

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8.0 years

Weighted-average discount rate - operating leases

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6.8%

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6.8%

Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities as of March 31, 2022 are as follows (in thousands):

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Operating leases

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2022

 

$

3,119

2023

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4,178

2024

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4,124

2025

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4,172

2026

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4,226

after 2026

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13,580

Total lease payments

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33,399

Less: imputed interest

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(7,444)

Present value of lease liability

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$

25,955