Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.24.1.1.u2
LEASES (Tables)
3 Months Ended
Mar. 31, 2024
LEASES  
Schedule of Reconciliation Of Lease Obligations

(in thousands)

 

 

 

 

 

 

 

 

 

Lease obligation

 

 Operating Leases

 

 

Finance Leases 

 

 

Total

 

December 31, 2023

 

$ 19,402

 

 

 

110

 

 

 

19,512

 

Lease principal payments

 

 

(309 )

 

 

(110 )

 

 

(419 )

March 31, 2024

 

$ 19,093

 

 

 

-

 

 

 

19,093

 

Schedule of Lease Obligations

 

 

Three Months Ended

 

Finance Leases

 

March 31,

 

 

March 31,

 

(in thousands)

 

2024

 

 

2023

 

Amortization of leased assets (1)

 

$

41

 

 

$

573

 

Interest on lease liabilities (2)

 

 

2

 

 

 

500

 

Total

 

$

43

 

 

$

1,073

 

Schedule of Lease Expense

 

 

Three Months Ended

 

Operating Leases

 

March 31,

 

 

March 31,

 

(in thousands)

 

2024

 

 

2023

 

Amortization of leased assets (1)

 

$ 386

 

 

$ -

 

Interest on lease liabilities (1)

 

 

382

 

 

 

-

 

Total

 

$ 768

 

 

$ -

 

Schedule of Future Lease Payments

(in thousands)

 

March 31,

2024

 

Balance of 2024

 

$ 2,381

 

2025

 

 

3,258

 

2026

 

 

3,240

 

2027

 

 

3,324

 

2028 and beyond

 

 

16,847

 

Total lease payments

 

 

29,050

 

Less imputed interest

 

 

(9,957 )

Total

 

$ 19,093