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LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Assets and Liabilities, Lessee
The following summarizes right-of-use assets as of December 31, 2023 and 2022 (in thousands):
December 31, 2023December 31, 2022
Right-of-use assets - operating leases$18,099 $60,204 
Less: accumulated depreciation and amortization (15,902)(48,077)
Right-of-use assets - operating leases, net$2,197 $12,127 
As of December 31, 2023 and 2022, the weighted-average remaining lease term and weighted-average discount rate for our operating leases were as follows:
December 31, 2023December 31, 2022
Weighted-average lease term1 year1 year
Weighted-average discount rate5.8 %6.4 %
Schedule of Lease Cost
The following table summarizes our lease costs and sublease income for the years ended December 31, 2023, 2022 and 2021 (in thousands):
Year Ended December 31,
202320222021
Financing lease cost:
Amortization of right-of-use assets$— $543 $3,621 
Interest on lease liabilities— 12 120 
Total finance lease cost— 555 3,741 
Operating lease cost (1)
10,962 20,880 25,346 
Variable lease cost (2)
6,332 7,966 6,378 
Short-term lease cost58 57 83 
Sublease income, gross (3)
(6,039)(3,949)(4,650)
Total lease cost$11,313 $25,509 $30,898 
(1)Operating lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $8.6 million and $2.4 million for the year ended December 31, 2023, $15.7 million and $5.2 million     for the year ended December 31, 2022 and $17.6 million and $7.8 million for the year ended December 31, 2021.
(2)Variable lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $3.7 million and $2.6 million for the year ended December 31, 2023, $5.6 million and $2.4 million for the year ended December 31, 2022 and $4.7 million and $1.7 million for the year ended December 31, 2021.
(3)Sublease income, gross primarily presented as Restructuring and related charges in the Consolidated Statements of Operations for the years ended December 31, 2023 and entirely for the years ended December 31, 2022 and 2021. Additionally, for the year ended December 31, 2023, sublease income, gross includes the settlement related to Uptake. See Note 9, Commitments and Contingencies for additional information.
Schedule of Finance Lease Liabilities
As of December 31, 2023, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
20247,408 
20252,401 
2026— 
2027— 
2028— 
Thereafter — 
Total minimum lease payments9,809 
Less: Amount representing interest(306)
Present value of net minimum lease payments9,503 
Less: Current portion of lease obligations(7,121)
Total long-term lease obligations$2,382 
Schedule of Operating Lease Liabilities
As of December 31, 2023, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
20247,408 
20252,401 
2026— 
2027— 
2028— 
Thereafter — 
Total minimum lease payments9,809 
Less: Amount representing interest(306)
Present value of net minimum lease payments9,503 
Less: Current portion of lease obligations(7,121)
Total long-term lease obligations$2,382