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LEASES (Tables)
6 Months Ended
Jun. 30, 2022
LEASES  
Schedule of Company's leases The table below summarizes the Company’s leases for the six months ended June 30, 2022 and 2021 (in thousands, except term and discount rate):

Six Months Ended

June 30,

    

2022

  

2021

 

Lease cost

Operating lease costs

$

196

$

235

Short-term lease costs

4,003

1,889

Variable lease costs

229

Total lease costs

$

4,199

$

2,353

Other information

Cash paid for amounts included in the measurement of lease liabilities

Operating cash flows from operating leases

$

196

$

328

Weighted-average remaining lease term - operating leases

1.4

years

0.2

years

Weighted-average discount rate - operating leases

4.29

%  

3.70

%

Schedule of future minimum lease payments associated with the Company's non-cancellable operating leases for office space and equipment Future minimum lease payments associated with the Company’s non-cancellable operating leases for office space as of June 30, 2022 are presented in the table below (in thousands):

    

June 30, 2022

Remaining period in 2022

$

196

2023

359

2024

2025

2026

Thereafter

Total operating lease payments

555

Less: discount to present value

16

Total operating lease liabilities

539

Less: current operating lease liabilities

377

Noncurrent operating lease liabilities

$

162