Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases  
Summary of lease costs

    

Successor

    

Predecessor

Three Months Ended

Three Months Ended

March 31, 2022

March 31, 2021

Lease costs

$

736,535

$

488,312

Summary of lease terms and discount rates

    

Successor

    

Predecessor

 

Three Months Ended

Three Months Ended

 

March 31, 2022

March 31, 2021

 

Weighted average remaining lease term (years)

 

4.96

 

3.69

Weighted average discount rate

 

11.22

%  

10.30

%

Schedule of reconciliation of undiscounted future minimum lease payments

    

March 31, 2022

April 1, 2022, to December 31, 2022

$

2,028,692

2023

 

2,121,248

2024

 

1,911,705

2025

 

1,631,163

2026

 

1,089,562

Thereafter

 

2,240,230

Total Payments for Leases

 

11,022,600

Less: Interest

 

(2,666,176)

Present Value of Lease Liabilities

$

8,356,424