Quarterly report pursuant to Section 13 or 15(d)

Massachusetts Lease Liability (Tables)

v3.23.3
Massachusetts Lease Liability (Tables)
9 Months Ended
Sep. 30, 2023
Lessee, Lease, Description [Line Items]  
Schedule of Future Maturities

Future minimum lease payments under the Company’s non-cancellable leases as of September 30, 2023 are as follows:

Year ended December 31,

    

Finance

    

Operating

Remainder of 2023

$

366

$

611

2024

1,489

2,433

2025

1,212

2,468

2026

926

2,530

2027

916

2,594

2028 and thereafter

379

28,264

Total undiscounted lease liabilities

5,288

38,900

Interest or discount on lease liabilities

(764)

(26,064)

Total present value of minimum lease payments

4,524

12,836

Lease liability - current portion

(1,169)

(79)

Lease liability

$

3,355

$

12,757

Taunton Facility  
Lessee, Lease, Description [Line Items]  
Schedule of Future Maturities

Year ended December 31,

    

Amount

Remainder of 2023

$

1,100

2024

4,469

2025

4,581

2026

4,695

2027

4,812

2028 and thereafter

162,855

Total future payments

182,512

Less: Interest

(149,647)

Total present value of minimum payments

32,865

Add: Estimated ending residual value

7,712

Total

$

40,577