Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of right-of-use assets Right-of-use assets are summarized below (in thousands):
As of March 31, 2023 As of December 31, 2022
Palo Alto, CA Office $ 630  $ 630 
Hyderabad, India Office 20  — 
Ratingen, Germany Office 86  85 
Berlin, Germany Office 516  508 
Frankfurt, Germany Office 299  294 
Less accumulated amortization (1,067) (986)
Right-of-use asset, net $ 484  $ 531 
Schedule of lease liability
Lease liability is summarized below (in thousands):
As of March 31, 2023 As of December 31, 2022
Total lease liability $ 496  $ 545 
Less: short term portion (199) (211)
Long term portion $ 297  $ 334 
Schedule of maturity analysis under the lease agreement
Maturity analysis under the lease agreement is as follows (in thousands):
Nines months ending December 31, 2023 $ 162 
Year ending December 31, 2024 217 
Year ending December 31, 2025 110 
Year ending December 31, 2026 41 
Year ending December 31, 2027 — 
Year ending December 31, 2028 and thereafter — 
Total $ 530 
Less: Present value discount (34)
Lease liability $ 496