Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of right-of-use assets
Right-of-use assets are summarized below (in thousands):
As of June 30, 2022 As of December 31, 2021
Palo Alto, CA Office $ 631  $ 631 
Hyderabad, India Office 358  359 
Coquitlam, Canada Office 95  97 
Westminster, Canada Office —  10 
Toronto, Canada Office 593  949 
Ratingen, Germany Office 83  90 
Berlin, Germany Office 494  536 
Slough, United Kingdom Office —  34 
Frankfurt, Germany Office 287  312 
Manila, Philippines Office 250  — 
Less accumulated amortization (1,209) (1,282)
Right-of-use asset, net $ 1,582  $ 1,736 
Schedule of lease liability
Lease liability is summarized below (in thousands):
As of June 30, 2022 As of December 31, 2021
Total lease liability $ 1,622  $ 1,751 
Less: short term portion (600) (643)
Long term portion $ 1,022  $ 1,108 
Schedule of maturity analysis under the lease agreement
Maturity analysis under the lease agreement is as follows (in thousands):
Year ending December 31, 2022 $ 412 
Year ending December 31, 2023 546 
Year ending December 31, 2024 457 
Year ending December 31, 2025 279 
Year ending December 31, 2026 99 
Total $ 1,793 
Less: Present value discount (171)
Lease liability $ 1,622