Quarterly report pursuant to Section 13 or 15(d)

Lease Obligations (Tables)

v3.23.1
Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Lease, Cost
The following table represents the weighted-average remaining lease term and discount rate as of March 31, 2023:
As of March 31, 2023
Weighted Average Remaining Lease Term (years) Weighted Average Discount Rate
Operating leases 8.4 5.25%
Lessee, Operating Lease, Liability, Maturity
The following table provides a summary of lease liabilities payments for the next five years and thereafter:
(in thousands) Operating Lease Payments
Remainder of 2023 $ 718 
2024 1,113 
2025 1,141 
2026 1,169 
2027 1,198 
Thereafter 4,532 
Total future minimum lease payments 9,871 
Less: lease imputed interest (1,940)
Total future minimum lease payments $ 7,931