Leases

12 Months Ended

Dec. 31, 2021

We have noncancelable operating leases consisting of administrative and research and development office space for our headquarters in Emeryville, California and our U.K. subsidiary in Maidenhead, United Kingdom. The leases will expire in May 2027 and February 2025, respectively. We also maintain limited office space in Ireland, Germany, Italy and Japan. Our Emeryville lease includes a renewal option for an additional five years, which is not included in the operating lease liabilities as we determined renewal was not reasonably assured at lease inception under the legacy lease standard. The operating lease liabilities also included a lease related to the former headquarters of Modis in Oakland, California until its expiration in July 2021.

We do not have any material finance leases or service contracts with lease arrangements. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants.

The components of lease expense were as follows:


	Year Ended December 31,
(In thousands)	2021		2020		2019
Components of lease costs:
Operating lease cost	$	1,799	$	1,989	$	2,045
Short-term lease cost	438		444		851
Sublease income	—		(115)		(580)
Total lease expense	$	2,237	$	2,318	$	2,316

Supplemental cash flow information related to operating leases was as follows:


	Year Ended December 31,
(In thousands)	2021		2020		2019
Cash used in operating activities:
Cash paid for amounts included in the measurement of lease liabilities	$	2,330	$	2,178	$	1,842

Noncash investing activities:
Right-of-use lease assets obtained in exchange for new lease liabilities	—		1,156		354

Supplemental balance sheet information related to leases was as follows:


	December 31,
(In thousands)	2021			2020
Right-of-use assets	$	6,605		$	7,748

Current portion of operating lease liabilities	1,694			1,688
Operating lease liabilities, net of current portion	8,617			10,314
Total operating lease liabilities	$	10,311		$	12,002

Weighted average remaining lease term (in years)	5.2			6.0
Weighted average discount rate, weighted based on the remaining balance of lease payments	6.2		%	6.2		%

The following table reconciles the undiscounted future lease payments under noncancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on the consolidated balance sheet as of December 31, 2021 (in thousands):


Years Ending December 31:	Operating Leases
2022	$	2,261
2023	2,318
2024	2,326
2025	2,070
2026	2,132
2027	899
Total lease payments	12,006
Less: imputed interest	(1,695)
Total operating lease liabilities	$	10,311