COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Lease term and assumption

Information about our lease terms and our discount rate assumption is as follows for the nine months ended September 30:

	2021		2020
Weighted average remaining lease term (in years)	3.28		3.30
Weighted average discount rate	6.24	%	7.00	%

Lease activity during period

Our lease activity during the period is as follows:

	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2021		2020		2021		2020
Operating lease costs:
Selling, general and administrative expense	$	1,486	$	2,566	$	4,696	$	7,376
Cost of revenue	398		479		1,896		1,748
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	1,690	$	3,496	$	7,143	$	10,254
Short-term (twelve months or less) lease costs	(343)		699		(802)		3,126

Maturities of operating lease liabilities

Maturities of our lease liabilities as of September 30, 2021 are as follows:

(in thousands)	Operating lease obligations
2021	$	2,039
2022	4,809
2023	3,405
2024	3,002
2025	1,708
Thereafter	563
Total lease payments	15,526
Less: interest	(1,329)
Present value of lease liabilities	$	14,197