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LEASES | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
LEASES | LEASES The ROU assets and lease liabilities on the consolidated balance sheet are as follows:
|  |  |  | December 31,
Leases |  | Balance Sheet Classification |  | 2021 |  | 2020
|  |  |  | (In thousands)
Assets: |  |  |  |  |  |
Right-of-use assets |  | Other non-current assets |  | $ | 13,534 |  |  | $ | 1,588 |
Liabilities: |  |  |  |  |  |
Current lease liabilities |  | Accrued expenses and other current liabilities |  | $ | 7,299 |  |  | $ | 642 |
Long-term lease liabilities |  | Other long-term liabilities |  | 6,709 |  |  | 1,027 |
Total lease liabilities |  |  |  | $ | 14,008 |  |  | $ | 1,669 |
Components of lease expense are as follows:
|  | Years Ended December 31,
Lease Expense |  | 2021 |  | 2020 |  | 2019
|  | (In thousands)
Fixed (a) |  | $ | 3,884 |  |  | $ | 957 |  |  | $ | 3,770 |
Short-term |  | 553 |  |  | 273 |  |  | 214 |
Variable |  | 119 |  |  | 143 |  |  | 72 |
Sublease income |  | — |  |  | (61) |  |  | (154) |
Total lease expense, net |  | $ | 4,556 |  |  | $ | 1,312 |  |  | $ | 3,902 |
|  | Years Ended December 31,
Lease Expense Income Statement Classification |  | 2021 |  | 2020 |  | 2019
|  | (In thousands)
Cost of revenue |  | $ | 304 |  |  | $ | 31 |  |  | $ | 52 |
Research and development expense |  | 1,984 |  |  | 446 |  |  | 413 |
Sales and marketing expense |  | 1,163 |  |  | 187 |  |  | 173 |
General and administrative expense (a) |  | 1,105 |  |  | 648 |  |  | 3,264 |
Total lease expense, net |  | $ | 4,556 |  |  | $ | 1,312 |  |  | $ | 3,902 |
_____________________ (a) Fixed lease expense (included in "General and administrative expense") includes approximately $2.1 million of lease impairment charges in the year ended December 31, 2019. Maturities of lease liabilities as of December 31, 2021 (in thousands) (b) are as follows:
Years Ended December 31, |  | (In thousands)
2022 |  | $ | 7,294 |
2023 |  | 4,339 |
2024 |  | 838 |
2025 |  | 860 |
2026 |  | 527 |
Thereafter |  | 416 |
Total |  | 14,274 |
Less: interest |  | (266) |
Total lease liabilities |  | $ | 14,008 |
_____________________ (b) As of December 31, 2021, the Company had no legally binding minimum lease payments for leases signed but not yet commenced. The weighted average assumptions used for lease term and discount rate are as follows:
| December 31,
| 2021 |  | 2020 |  | 2019
Remaining lease term | 2.60 years |  | 2.73 years |  | 3.69 years
Discount rate | 3.1 | % |  | 2.97 | % |  | 5.63 | %
Other information related to leases is as follows:
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| (In thousands)
Other Information: |  |  |  |  |
Right-of-use assets obtained in exchange for lease liabilities | $ | 15,654 |  |  | $ | 1,322 |  |  | $ | 829 |
Cash paid for amounts included in the measurement of lease liabilities | $ | 3,543 |  |  | $ | 3,601 |  |  | $ | 1,778 |

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- References No definition available. + Details
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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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