Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases  
Summary of Activity of ROU Assets and Lease Liability

   

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, 2022:

 

Year Ending, December 31st,      
2022   $ 108  
2023     99  
2024     —  
2025     —  
Total undiscounted minimum lease commitments   $ 207  
Effect of discounting     (3 )
Lease liabilities at September 30, 2022   $ 204