Quarterly report pursuant to Section 13 or 15(d)

Operating Lease (Tables)

v3.22.2
Operating Lease (Tables)
6 Months Ended
Jun. 30, 2022
Operating Lease  
Schedule of components of lease expense
     
    June 30,  
    2022  
       
Lease costs:        
Operating lease (included in general and administrative in the Company’s consolidated statement of operations)   $ 20,000  
         
Other information:        
Cash paid for amounts included in the measurement of lease liabilities   $ 16,000  
         
Weighted average remaining lease term – operating leases (in years)     2.9  
Average discount rate – operating leases     4%  
         
The supplemental balance sheet information related to leases for the period is as follows:        
Long-term right-of-use assets   $ 126,000  
         
Short-term operating lease liabilities     39,000  
Long-term operating lease liabilities     89,000  
Total operating lease liabilities   $ 128,000