Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.22.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2022
Operating leases  
Schedule of weighted-average remaining lease term and the weighted-average discount rate

The following table shows the weighted-average remaining lease term and the weighted-average discount rate as at March 31, 2022 and 2021:

March 31, 

2022

2021

Weighted-average remaining lease term - operating leases

7.6 years

8.0 years

Weighted-average discount rate - operating leases

6.8%

6.8%

Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities as of March 31, 2022 are as follows (in thousands):

     

Operating leases

2022

 

$

3,119

2023

 

4,178

2024

 

4,124

2025

 

4,172

2026

 

4,226

after 2026

 

13,580

Total lease payments

33,399

Less: imputed interest

(7,444)

Present value of lease liability

$

25,955