Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.3
Leases (Tables)
 9 Months Ended
Sep. 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     (201 )
Balance, September 30, 2023     120  
Less short-term portion     (120 )
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     (201 )
Balance, September 30, 2023   $ 120  

 

    Lease Liability  
Balance, December 31, 2021   $ —  
Adoption of ASC 842     1,976  
Derecognition on cancelation of lease     (1,211 )
Principal payments     (561 )
Balance, September 30, 2022     204  
Less short-term portion     204  
Long-term lease liability   $ —  

 

    ROU Assets  
Balance, December 31, 2021   $ —  
Adoption of ASC 842     1,976  
Derecognition of deferred rent liability     (142 )
Impairment of ROU asset     (978 )
Derecognition on cancelation of lease     (221 )
Amortization     (431 )
Balance, September 30, 2022   $ 204  
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 September 30, 2023:

 

Year Ending, December 31st,      
2023   $ 66  
2024     56  
Total undiscounted minimum lease commitments     122  
Effect of discounting     (2 )
Lease liabilities at September 30, 2023   $ 120