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LEASES
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
LEASES LEASES
The Company has the following operating ROU assets and lease liabilities:
December 31, 2022
ROU assetsLease liabilities
Real Estate$2,886 $3,801 
Cars24 21 
Total operating leases$2,910 $3,822 
December 31, 2022
Lease liabilities
Current lease liabilities$2,186 
Non-current lease liabilities1,636 
Total lease liabilities$3,822 
The following table summarizes the lease costs recognized in the consolidated statement of operations:
Year ended
December 31, 2022
Operating lease cost$1,889 
Short term lease cost973 
Variable lease cost48 
Total lease cost$2,910 
As of December 31, 2022, the weighted-average remaining lease term and weighted-average discount rate for operating leases are 2.2 years and 3.6%, respectively.
The following table presents supplementary cash flow information regarding the company's operating leases:
Year ended
December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities$2,162 
Right of use assets obtained in exchange for operating lease liabilities upon lease modification$610 

The following table summarizes the future payments of Innovid for its operating lease liabilities:
December 31, 2022
2023$2,219 
20241,018 
2025669 
Total undiscounted lease payments$3,906 
Less: Interest(84)
Total lease liabilities - operating$3,822 
Lease Disclosures Related to Periods Prior to the Adoption of ASU 2016-02 are as follows:
Operating lease expenses for the years ended December 31, 2021 and 2020 were $2,072 and, $2,215, respectively.
Future minimum lease commitments under non-cancelable operating leases as of December 31, 2021, are as follows:
Year ended December 31, 2021
Rental of premisesLease of motor vehicles
2022$2,486 $8 
20231,844 — 
2024826 — 
2025770 — 
Total
$5,926 $8