Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2023
Leases  
Summary of Activity of ROU Assets and Liability
   

Lease Liability

  
Balance, December 31, 2022   $ 66  
Adoption of ASC 842     -  
Additions     255  
Principal payments     (138 )
Balance, June 30, 2023     183  
Less short-term portion     (183 )
Long term lease liability   $ —  

 

    ROU Assets  
Balance, December 31, 2022   $ 66  
Adoption of ASC 842     -  
Derecognition of deferred rent liability     -  
Impairment of ROU asset     -  
Additions     255  
Amortization     (138 )
Balance, June 30, 2023   $ 183  

 

   

Lease Liability

  
Balance, December 31, 2021   $ —  
Adoption of ASC 842     1,976  
Principal payments     (403 )
Balance, June 30, 2022     1,573  
Less short-term portion     (662 )
Long term lease liability   $ 911  

 

    ROU Assets  
Balance, December 31, 2021   $ —  
Adoption of ASC 842     1,976  
Derecognition of deferred rent liability     (142 )
Impairment of ROU asset     (978 )
Amortization     (303 )
Balance, June 30, 2022   $ 553  
Schedule of Future Minimum Lease Payments under Noncancelable Operating Lease Commitments

Future minimum lease payments under noncancelable operating lease commitments are as follows as of June 30, 2023:

 

Schedule of Future Minimum Lease Payments under Noncancelable Operating Lease Commitments

Year Ending, December 31st,      
2023   $ 132  
2024     56  
Total undiscounted minimum lease commitments     188  
Effect of discounting     (5 )
Lease liabilities at June 30, 2023   $ 183