Leases
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Note 10 – Leases The Company leases office and manufacturing facilities in Hopewell Junction, New York under a non-cancelable operating lease agreement. The lease for these facilities, as amended, was to expire in May 2024 and did not contain a renewal option. The lease agreement did not contain any residual value guarantees, or material restrictive covenants. In November 2020, we entered into the 12th amendment, which expanded the current footprint to approximately 63,000 square feet in 2021 and includes two five year options to extend. Under ASU 842, the company reassessed the lease from operating to a finance lease for the 12th amendment. The Company also leases an office facility for its design group in Santa Clara, California. During the fourth quarter of 2019, the Company signed a two year extension of this lease that expired in October 2021. The lease agreement did not contain any residual value guarantees, material restrictive covenants or a renewal option. This lease was classified as an operating lease. In October 2021, the Company signed an additional two-year extension of the lease for the Santa Clara design group facility, and concluded that it remains as an operating lease. On May 2, 2019, the Company entered into a three year finance lease commitment for phone equipment. The Company's leases generally do not provide an implicit rate, and therefore the Company uses its incremental borrowing rate as the discount rate when measuring lease liabilities. The Company estimates its incremental borrowing rate based on a yield curve analysis, utilizing the interest rate derived from the fair value analysis of the Company’s credit facility and adjusting it for factors that appropriately reflect the profile of secured borrowing over the expected term of the lease. The components of lease expense were as follows (in thousands): Twelve Months Ended December 31 2021 2020Finance Lease Cost: Amortization of right-of-use assets $ 622 $ 68Interest on lease liabilities 793 70Operating lease cost 62 965Total Lease Cost $ 1,477 $ 1,103 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (187) $ 1,068Financing cash flows from finance leases $ 1,088 $ 103Right-of-use assets obtained in exchange for new finance lease liabilities $ 263 $ 12,706Right-of-use assets obtained in exchange for new operating lease liabilities $ - $ - December 31, 2021 December 31, 2020Finance lease right-of-use assets $ 12,318 $ 12,677Operating lease right-of-use assets $ 113 $ 50Finance lease liability, current $ 1,133 $ 1,027Finance lease liability, non-current $ 11,647 $ 11,783Operating lease liabilities, current $ 60 $ 51Operating lease liabilities, non-current $ 54 $ -Weighted average remaining lease terms - finance leases 20.58 years 20.67 yearsWeighted average remaining lease terms - operating leases 1.83 years 0.84 yearsWeighted average discount rate - finance leases 6.42% 6.43%Weighted average discount rate - operating leases 7.75% 7.75% Future annual minimum lease payments and finance lease commitments as of December 31, 2021 were as follows (in thousands): Operating Leases Finance Leases2022 $ 65 $ 1,1352023 55 1,2292024 - 1,2292025 - 1,2292026 - 1,229Thereafter - 22,102Total undiscounted future minimum lease payments 120 28,153Less imputed interest (6) (15,373)Lease liability $ 114 $ 12,780 (1)Total future lease payments exclude approximately $4.9 million of lease payments related to the Expansion Space portion of the NY Lease that was signed but has not yet commenced as of December 31, 2021.