Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost The weighted-average remaining lease term and discount rate for the years ended December 31, 2022 and December 31, 2021 are as follows:
2022 2021
Weighted average remaining lease term (in years) 8.7 9.5
Weighted average discount rate 5.3% 5.2%
Supplemental cash flow information related to operating leases for the years ended December 31, 2022, December 31, 2021 and December 31, 2020 are as follows:
(in thousands) 2022 2021 2020
Cash paid for amounts included in the measurement of lease liabilities $ (1,160) $ (646) $ (267)
Initial recognition of operating lease right-of-use asset $ 57  $ 419  $ 5,804 
Lessee, Operating Lease, Liability, Maturity
Future maturities of operating lease liabilities as of December 31, 2022 are as follows:
(in thousands) Operating Lease Payments
2023 $ 982 
2024 1,113 
2025 1,141 
2026 1,169 
2027 1,198 
Thereafter 4,533 
Total lease payments 10,136 
Less: imputed interest (2,048)
Total $ 8,088