Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases  
Summary of operating lease costs

Successor

Predecessor

December 3, 2021

January 1, 2021

through December 31,

through December 2,

    

2021

  

  

2021

    

2020

    

2019

Operating Lease Costs

$

262,395

$

2,294,555

$

2,018,210

$

1,592,665

Summary of lease terms and discount rates

    

Successor

Predecessor

December 31, 

December 31, 

Year Ending December 31, 

    

2021*

  

  

2020*

Weighted Average Remaining Lease Term (Years)

 

5.01

 

3.74

Weighted Average Discount Rate

 

11.1

%

10.3

%

*All Leases are Operating

Schedule of reconciliation of undiscounted future minimum lease payments

Successor

December 31, 

Year Ending December 31, 

    

2021

2022

$

2,882,304

2023

 

2,017,479

2024

 

1,804,823

2025

 

1,521,074

2026

 

976,170

Thereafter

 

1,927,098

Total Payments for Operating Leases

 

11,128,948

Less: Interest

 

(2,744,830)

Present Value of Operating Lease Liabilities

$

8,384,118

Schedule of supplemental cash flows and other information related to leases

Successor

Predecessor

December 3, 2021

January 1, 2021

through December 31,

through December 2,

    

2021

  

  

2021

    

2020

New Assets Obtained in Exchange for Operating Lease Liabilities

$

314,242

$

4,073,448

$

882,029

Operating Cash Flows Paid for Operating Leases

255,403

2,255,905

1,843,281