|12 Months Ended|
Dec. 31, 2022
NOTE 17. LEASES
The Company has entered into leases for certain facilities, vehicles and other equipment. Our leases have remaining contractual terms of up to eight years, some of which include options to extend the leases for up to five years. Our lease costs are primarily related to facility leases for inventory warehousing, administration offices and vehicles. The Company’s finance leases are immaterial.
Lease ROU assets and liabilities as of December 31, 2022 and 2021, were as follows:
Lease costs were as follows:
The maturity of lease liabilities as of December 31, 2022 are as follows:
As of December 31, 2022, our leases have a weighted-average remaining lease term of 5.8 years and a weighted-average discount rate of 2.8%.
No definition available.
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef