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LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Assets and Liabilities, Lessee
The following summarizes right-of-use assets as of December 31, 2024 and 2023 (in thousands):
December 31, 2024December 31, 2023
Right-of-use assets - operating leases$10,555 $18,099 
Less: accumulated depreciation and amortization (4,514)(15,902)
Right-of-use assets - operating leases, net$6,041 $2,197 
As of December 31, 2024 and 2023, the weighted-average remaining lease term and weighted-average discount rate for our operating leases were as follows:
December 31, 2024December 31, 2023
Weighted-average lease term2 years1 year
Weighted-average discount rate6.4 %5.8 %
Schedule of Lease Cost
The following table summarizes our lease costs and sublease income for the years ended December 31, 2024, 2023 and 2022 (in thousands):
Year Ended December 31,
202420232022
Financing lease cost:
Amortization of right-of-use assets$— $— $543 
Interest on lease liabilities— — 12 
Total finance lease cost— — 555 
Operating lease cost (1)
2,809 10,962 20,880 
Variable lease cost (2)
1,379 6,332 7,966 
Short-term lease cost334 58 57 
Sublease income, gross (3)
(47)(6,039)(3,949)
Total lease cost$4,475 $11,313 $25,509 
(1)Operating lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $2.8 million and $0.0 million for the year ended December 31, 2024, $8.6 million and $2.4 million for the year ended December 31, 2023 and $15.7 million and $5.2 million for the year ended December 31, 2022.
(2)Variable lease costs presented as Selling, general and administrative and Restructuring and related charges in the Consolidated Statements of Operations totaled $1.5 million and $(0.1) million for the year ended December 31, 2024, $3.7 million and $2.6 million for the year ended December 31, 2023 and $5.6 million and $2.4 million for the year ended December 31, 2022.
(3)Sublease income, gross primarily presented as Restructuring and related charges in the Consolidated Statements of Operations for the year ended December 31, 2023 and entirely for the year ended December 31, 2022, 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, 2024, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
2025$3,622 
20262,008 
20271,584 
2028285 
2029— 
Thereafter — 
Total minimum lease payments7,499 
Less: Amount representing interest(578)
Present value of net minimum lease payments6,921 
Less: Current portion of lease obligations(3,317)
Total long-term lease obligations$3,604 
Schedule of Operating Lease Liabilities
As of December 31, 2024, the future payments under operating leases for each of the next five years and thereafter are as follows (in thousands):
Operating Leases
2025$3,622 
20262,008 
20271,584 
2028285 
2029— 
Thereafter — 
Total minimum lease payments7,499 
Less: Amount representing interest(578)
Present value of net minimum lease payments6,921 
Less: Current portion of lease obligations(3,317)
Total long-term lease obligations$3,604