Annual report pursuant to Section 13 and 15(d)

Leases

v3.23.1
Leases
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Leases
The Company has operating leases primarily for administrative offices, vehicles, and other facilities. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments.
The components of lease expense were as follows:

Year Ended December 31,
2022 2021
(in thousands)
Operating lease cost $ 137 $ 7
Short-term lease cost 447 322
Variable lease cost 4 3
Total lease expense $ 588 $ 332

As of December 31, 2022, the weighted average remaining lease term and weighted average discount rate for all operating leases was 3.6 years and 9.6%, respectively.

As of December 31, 2022, the maturities of lease liabilities under non-cancelable operating leases were as follows:

Operating Leases
(in thousands)
2023 $ 94
2024 84
2025 64
2026 35
2027 26
Total minimum lease payments 303
Less: imputed interest (32)
Total $ 271