Journey Medical Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASE OBLIGATIONS (Tables)

OPERATING LEASE OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2021

OPERATING LEASE OBLIGATIONS

Schedule of rent expense and quantitative information


		Three Months Ended September 30,						Nine Months Ended September 30,
($in thousands)		2021			2020			2021			2020
Lease cost
Operating lease cost			23			23			67			70
Variable lease cost			1			—			3			—
Total lease cost		$	24		$	23		$	70		$	70


		Nine Months Ended September 30,
($in thousands)		2021			2020
Operating cash flows from operating leases		$	67		$	70
Weighted-average remaining lease term – operating leases			1.1			0.3
Weighted-average discount rate – operating leases			4.0	%		6.0	%

Schedule of future minimum lease payments under lease agreements


		Future Lease
($in thousands)		Liability
Three Months Ended December 31, 2021		$	24
Year Ended December 31, 2022			100
Total			124
Less: present value discount			(4)
Operating lease liabilities		$	120