Quarterly report pursuant to Section 13 or 15(d)

RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables)

v3.21.2
RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables)
9 Months Ended
Sep. 30, 2021
RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables) [Line Items]  
Right to Use Asset [Table Text Block]

Right to use assets is summarized below:

 

   

September 30,

2021

(000’s)

   

December 31,

2020

(000’s)

 

Right to use assets, net

  $ 803     $ 1,087  

Less accumulated amortization

    (110

)

    (781

)

Right to use assets, net

  $ 693     $ 306  

 

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Maturity analysis under these lease agreements are as follows (000’s):

 

Remainder of 2021

  $ 52  

Year ended December 31, 2022

    304  

Year ended December 31, 2023

    220  

Year ended December 31, 2024

    191  

Total

    767  

Less: Present value discount

    (67

)

Lease liability

  $ 700  

 

Operating Lease [Member]  
RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables) [Line Items]  
Lease, Cost [Table Text Block]

Lease liability is summarized below:

 

   

September 30,

2021

(000’s)

   

December 31,

2020

(000’s)

 

Total lease liability

  $ 700     $ 314  

Less: short term portion

    (291

)

    (313

)

Long term portion

  $ 409     $ 1  

 

Finance Lease [Member]  
RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables) [Line Items]  
Lease, Cost [Table Text Block]

Lease expense for the three months ended September 30, 2021 and 2020 was comprised of the following:

 

   

September 30,

2021

(000’s)

   

September 30,

2020

(000’s)

 

Operating lease expense

  $ 105     $ 115  

Short-term lease expense

    15       9  

Total

  $ 120     $ 124  

 

   

September 30,

2021

(000’s)

   

September 30,

2020

(000’s)

 

Operating lease expense

  $ 334     $ 342  

Short-term lease expense

    31       28  

Variable lease expense

    -       1  

Total

  $ 365     $ 371