COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Lease Term and Assumption

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

	2022		2021
Weighted average remaining lease term (in years)	3.35		2.72
Weighted average discount rate	5.66	%	6.43	%

Lease Activity During Period

Our lease activity during the period is as follows:

	Three months ended June 30,				Six months ended June 30,
(in thousands)	2022		2021		2022		2021
Operating lease costs:
Selling, general and administrative expense	$	697	$	1,118	$	1,631	$	3,210
Cost of revenue	—		1,327		265		1,498
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	325	$	2,375	$	1,507	$	5,453
Short-term (twelve months or less) lease costs	397		(940)		425		(459)

Maturities of Operating Lease Liabilities

Maturities of our lease liabilities as of June 30, 2022 are as follows:

(in thousands)	Operating lease obligations
2022	$	1,124
2023	2,238
2024	1,685
2025	1,233
2026	636
Total lease payments	6,916
Less: interest	(638)
Present value of lease liabilities	$	6,278