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LEASES (Tables)

12 Months Ended

Dec. 31, 2020

The Company leases buildings, office equipment, and vehicles. The following table summarizes the Company's operating and finance lease balances (in thousands):


Leases	Balance Sheet Location	December 31, 2020		December 31, 2019
Assets
Operating	Operating lease right-of-use assets	$	5,457	$	5,726
Finance	Property and equipment, net	1,907		81
Total Leased Assets		$	7,364	$	5,807

Liabilities
Operating	Operating lease liabilities, current	$	2,087	$	1,745
	Operating lease liabilities, non-current	3,858		4,413
Finance	Deferred revenue, current, and other	295		47
	Other liabilities	261		37
Total Lease Liabilities		$	6,501	$	6,242

Lease, Cost

Supplemental cash flow information related to the Company's operating and finance leases for the years ended December 31, 2020 and 2019, respectively, was as follows (in thousands):


	Twelve Months Ended
	December 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - operating leases	$	2,213	$	1,800
Operating cash outflows - finance leases	$	10	$	3
Financing cash outflows - finance leases	$	250	$	36
ROU assets obtained in exchange for new lease obligations:
Operating leases	$	788	$	604
Finance leases	$	159	$	11

The following table presents the weighted average remaining lease term and weighted average discount rate related to the Company's leases:


	December 31,
	2020		2019
Weighted average remaining lease term:
Operating	3.1 years		3.8 years
Finance	2.9 years		2.0 years
Weighted average discount rate:
Operating	4.2	%	4.4	%
Finance	2.1	%	4.0	%

Lessee, Operating Lease, Liability, Maturity

The following table presents the maturity of the Company's lease liabilities as of December 31, 2020 (in thousands):


Year Ending December 31,	Operating Leases		Finance Leases
2021	$	2,158	$	294
2022	1,834		139
2023	1,949		59
2024	144		38
2025	138		26
Thereafter	132		18
Total lease payments	6,355		574
Less: imputed interest	410		18
Total lease liabilities	$	5,945	$	556

Lessor, Operating Lease, Payments to be Received, Maturity

The following table presents the maturity of the Company's lease receivables as of December 31, 2020 (in thousands):


Year Ending December 31,	Sales-Type Leases
2021	$	4,834
2022	4,872
2023	4,220
2024	3,291
2025	2,033
Thereafter	1,424
Total undiscounted future maturities	20,674
Less: interest	91
Total lease receivables	$	20,583

Sales-type Lease, Lease Income

The following table summarizes the profit recognized on the commencement date for sales-type leases and lease income for equipment-only operating leases (in thousands):


	Twelve Months Ended
	December 31,
	2020		2019
Sales-type lease revenue	$	5,617	$	6,890
Sales-type lease cost of revenue	3,951		5,099
Profit recognized at commencement for sales-type leases	$	1,666	$	1,791

Operating lease income	$	1,012	$	—