COMMITMENTS AND CONTINGENCIES (Tables) - OLD PlayStudios, Inc.

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

The following are the Company’s total minimum guaranteed obligations as of the years ended:


	March 31,		December 31,
	2021		2020
Accrued royalties(1)	$	150	$	100
Minimum guarantee liability		250		300
Total minimum guarantee obligations	$	400	$	400
Weighted-average remaining term (in years)		2.25		2.50

Accrued royalties are included within the Accrued liabilities line item on the Consolidated Balance Sheets.

The following are the Company’s total minimum guaranteed obligations as of the years ended (in thousands):


	December 31,
	2020		2019
Accrued royalties(1)	$	100	$	1,100
Minimum guarantee liability		300		500
Total minimum guarantee obligations	$	400	$	1,600
Weighted-average remaining term (in years)		2.50		3.53

(1)

Accrued royalties are included within the Accrued liabilities line item on the consolidated balance sheet.

The following are the Company’s remaining expected future payments of minimum guarantee obligations as of March 31, 2021:

The following are the Company’s remaining expected future payments of minimum guarantee obligations as of December 31, 2020 (in thousands):

The Company’s future minimum rental commitments as of March 31, 2021, are as follows:

The Company’s future minimum rental commitments as of December 31, 2020, are as follows (in thousands):