COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)

3 Months Ended

Mar. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

Lease Term and Assumption

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

	2024		2023
Weighted average remaining lease term (in years)	2.06		2.78
Weighted average discount rate	6.39	%	5.84	%

Lease Activity During Period

Our lease activity during the period was as follows:

	Three months ended March 31,
(in thousands)	2024		2023
Operating lease costs:
Selling, general and administrative expense	$	475	$	556
Cash used in operating activities for amounts included in the measurement of lease liabilities	$	483	$	540
Short-term (twelve months or less) lease costs	18		419

Maturities of Operating Lease Liabilities

Maturities of our lease liabilities as of March 31, 2024 are as follows:

(in thousands)	Operating lease obligations
2024	$	1,786
2025	1,385
2026	638
2027	—
2028	—
Total lease payments	3,809
Less: interest	(695)
Present value of lease liabilities	$	3,114