COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

9 Months Ended

Sep. 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 nine months ended September 30:

	2023		2022
Weighted average remaining lease term (in years)	2.51		3.15
Weighted average discount rate	5.93	%	5.66	%

Lease Activity During Period

Our lease activity during the period was as follows:

	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2023		2022		2023		2022
Operating lease costs:
Selling, general and administrative expense	$	553	$	586	$	1,638	$	2,217
Cost of revenue	—		—		—		265
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	507	$	515	$	1,638	$	2,022
Short-term (twelve months or less) lease costs	789		402		1,638		827

Maturities of Operating Lease Liabilities

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

(in thousands)	Operating lease obligations
2023	$	559
2024	1,796
2025	1,322
2026	638
2027	—
Total lease payments	4,315
Less: interest	(540)
Present value of lease liabilities	$	3,775