COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Lease Term and Assumption

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

	2023		2022
Weighted average remaining lease term (in years)	2.58		3.35
Weighted average discount rate	5.91	%	5.66	%

Lease Activity During Period

Our lease activity during the period was as follows:

	Three months ended June 30,				Six months ended June 30,
(in thousands)	2023		2022		2023		2022
Operating lease costs:
Selling, general and administrative expense	$	530	$	697	$	1,085	$	1,631
Cost of revenue	—		—		—		265
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	591	$	325	$	1,131	$	1,507
Short-term (twelve months or less) lease costs	430		397		849		425

Maturities of Operating Lease Liabilities

Maturities of our lease liabilities as of June 30, 2023 are as follows:

(in thousands)	Operating lease obligations
2023	$	1,198
2024	1,887
2025	1,404
2026	677
2027	—
Total lease payments	5,166
Less: interest	(360)
Present value of lease liabilities	$	4,806