Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASE OBLIGATIONS (Tables)

v3.22.1
OPERATING LEASE OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2022
OPERATING LEASE OBLIGATIONS  
Schedule of rent expense and quantitative information

​

​

​

​

​

​

​

​

​

​

    

Three-Month Periods Ended March 31, 

    

($’s in thousands)

    

2022

    

2021

    

Lease cost

​

​

​

​

​

​

​

Operating lease cost

​

​

26

​

​

23

​

Variable lease cost

​

​

1

​

​

1

​

Total lease cost

​

$

27

​

$

24

​

​

​

​

​

​

​

​

​

​

​

​

    

Three-Month Periods Ended March 31, 

 

    

($’s in thousands)

    

2022

    

2021

 

    

Operating cash flows from operating leases

​

$

25

​

$

18

​

​

Weighted-average remaining lease term - operating leases

​

 

0.8

​

 

1.3

​

​

Weighted-average discount rate - operating leases

​

 

4.0

%  

 

4.0

%

​

Schedule of future minimum lease payments under lease agreements

​

​

​

​

​

​

​

Future Lease

($ 's in thousands)

​

Liability

Three-Month Period Ended March 31, 2022

​

$

75

Total

​

 

75

Less: present value discount

​

 

(1)

Operating lease liabilities

​

$

74