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LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Supplemental Balance Sheet Information of 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

Schedule of Lease Cost and Other Information

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.

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

Schedule of Maturities of Operating Lease Liabilities

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.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases

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	%