Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of right-of-use assets
Right-of-use assets are summarized below (in thousands):
As of March 31, 2022 As of December 31, 2021
Palo Alto, CA Office $ 631  $ 631 
Hyderabad, India Office 352  359 
Coquitlam, Canada Office 98  97 
Westminster, Canada Office —  10 
Toronto, Canada Office 611  949 
Ratingen, Germany Office 88  90 
Berlin, Germany Office 526  536 
Slough, United Kingdom Office —  34 
Frankfurt, Germany Office 306  312 
Less accumulated amortization (1,054) (1,282)
Right-of-use asset, net $ 1,558  $ 1,736 
Schedule of lease liability
Lease liability is summarized below (in thousands):
As of March 31, 2022 As of December 31, 2021
Total lease liability $ 1,601  $ 1,751 
Less: short term portion (619) (643)
Long term portion $ 982  $ 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 $ 566 
Year ending December 31, 2023 467 
Year ending December 31, 2024 376 
Year ending December 31, 2025 258 
Year ending December 31, 2026 103 
Total $ 1,770 
Less: Present value discount (169)
Lease liability $ 1,601