Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases  
SCHEDULE OF SUPPLEMENTAL CASH FLOWS INFORMATION RELATED TO LEASES

Supplemental cash flows information related to leases was as follows:

  

    For The Years Ended  
    December 31,  
    2022     2021     2020  
Cash paid for amounts included in the measurement of lease liabilities:                        
                         
Operating cash flows from operating leases   $ 825     $ 1,019     $ 207  
Financing cash flows from finance leases   $ 217     $ -     $ -  
                         
Right-of-use assets obtained in exchange for lease obligations:                        
Operating leases   $ 1,787     $ 2,129     $ 598  
Finance leases   $ 931     $ -     $ -  
                         
Weighted Average Remaining Lease Term                        
Operating leases     3.66       4.77       2.10  
Finance leases     2.50       -       -  
                         
Weighted Average Discount Rate                        
Operating leases     4.9 %     4.7 %     6.0 %
Finance leases     6.2 %     0.0 %     0.0 %
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Future minimum payments under non-cancellable leases as of December 31, 2022 were as follows:

  

For the Years Ending December 31,   Operating Lease     Finance Lease  
2023   $ 1,835     $ 340  
2024     1,163       340  
2025     955       85  
2026     760       -  
2027     501       -  
Total future minimum lease payments     5,214       765  
Less: imputed interest     (446 )     (51 )
Total   $ 4,768     $ 714