COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Lease Term and Assumption

Information about our lease terms and our discount rate assumption was as follows for the three months ended March 31:

	2023		2022
Weighted average remaining lease term (in years)	2.78		3.48
Weighted average discount rate	5.84	%	5.70	%

Lease Activity During Period

Our lease activity during the period was as follows for the three months ended March 31:

(in thousands)	2023		2022
Operating lease costs:
Selling, general and administrative expense	$	556	$	934
Cost of revenue	—		265
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	1,135	$	1,182
Short-term (twelve months or less) lease costs	419		28

Maturities of Operating Lease Liabilities

Maturities of our lease liabilities as of March 31, 2023 are as follows:

(in thousands)	Operating lease obligations
2023	$	2,092
2024	1,991
2025	1,320
2026	638
2027	—
Total lease payments	6,041
Less: interest	(780)
Present value of lease liabilities	$	5,261