Quarterly report pursuant to Section 13 or 15(d)

Right of Use Leased Assets

v3.22.2.2
Right of Use Leased Assets
 6 Months Ended
Jun. 30, 2022
Right Of Use Leased Assets  
Right of Use Leased Assets

Note 8: Right of Use Leased Assets

 

Right of use assets consisted of the following (in thousands):

           
    June 30, 2022     December 31, 2021  
Office Lease Assets   $ 10,095     $ 3,351  
Equipment Lease Assets     3,236       13  
Right of Use Assets, Gross     13,331       3,364  
                 
Accumulated Amortization     (1,317 )     (579 )
Right of Use Assets, Net   $ 12,014     $ 2,785  

 

During the three months ended June 30, 2022 and 2021, the Company recorded ROU asset amortization expense of $0.7 million and $0.1 million, respectively. During the six months ended June 30, 2022 and 2021, the Company recorded ROU asset amortization expense of $0.6 million and $0.2 million, respectively.