LEASES

12 Months Ended

Dec. 31, 2021

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