Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases is as follows:

		December 31,		December 31,
(In thousands)	Classification	2021		2020
Assets
Operating lease assets	Other non-current assets	$	4,922	$	5,309
Total lease asset		$	4,922	$	5,309
Liabilities
Current operating lease liability	Accrued expenses and other liabilities	$	1,730	$	1,806
Non-current operating lease liability	Other non-current liabilities		3,269		3,574
Total lease liability		$	4,999	$	5,380

Components of Lease Expense included in Consolidated Statements of (Loss) Income

The components of lease expense included in the Consolidated Statements of (Loss) Income were as follows:

	For the Year Ended December 31,
(In thousands)	2021		2020		2019
Cost of revenue	$	51	$	113	$	64
Selling, general and administrative expenses		883		1,311		1,400
Research and development expenses		1,071		1,121		2,417
Total operating lease expense	$	2,005	$	2,545	$	3,881

Schedule of Maturity of Operating Lease Liabilities

As of December 31, 2021, operating lease liabilities included on the Consolidated Balance Sheet by future maturity were as follows:

(In thousands)	Amount
2022		1,767
2023		1,419
2024		1,188
2025		710
Thereafter		—
Total lease payments		5,084
Less: Interest		(85	)
Present value of lease liabilities	$	4,999

Schedule of Weighted Average Remaining Lease Terms and Weighted Average Discount Rates

The following table provides information about our weighted average lease terms and weighted average discount rates:

	As of December 31,
Weighted average remaining lease term (years)	2021			2020
Operating leases with USD functional currency		1.8			2.4
Operating leases with Euro functional currency		3.5			3.6
Weighted average discount rate
Operating leases with USD functional currency		3.49	%		4.47	%
Operating leases with Euro functional currency		1.22	%		1.37	%

Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows:

	For the year ended December 31,
(In thousands)	2021		2020		2019
Cash used in operating activities related to operating leases	$	1,892	$	2,632	$	3,439
Right-of-use assets obtained in exchange for operating lease obligations	$	1,875	$	324	$	11,615

Components of Net Investment in Sales-Type Leases

As of December 31, 2021 and 2020, the components of the net investment in sales-type leases were as follows:

	As of December 31,
(In thousands)	2021		2020
Current minimum lease payments receivable(1)	$	92	$	702
Non-current minimum lease payments receivable(2)		4		347
Total minimum lease payments receivable		96		1,049
Less: Current unearned revenue(1)		70		218
Less: Non-current unearned revenue(2)		1		50
Net investment in sales-type leases	$	25	$	781

(1)Included in other receivables on the Consolidated Balance Sheets.

(2)Included in other non-current assets on the Consolidated Balance Sheets.

Schedule of Components of Gross Profit Related to Sales-type Lease and Interest and Dividend Income Included in Consolidated Statements of Income (Loss)

Components of gross profit related to sales-type lease recognized at the lease commencement date and interest and dividend income, included in the Consolidated Statements of (Loss) Income for the twelve months ended December 31, 2021 and 2020 were as follows:

	For the year ended December 31,
(In thousands)	2021		2020		2019
Revenue - Network Solutions	$	22	$	78	$	1,723
Cost of revenue - Network Solutions		5		32		675
Gross profit	$	17	$	46	$	1,048
Interest and dividend income	$	27	$	42	$	357

Schedule of Future Minimum Lease Payments to be Received from Sales-Type Leases

As of December 31, 2021 future minimum lease payments to be received from sales-type leases were as follows:

(In thousands)	Amount
2022	$	92
2023		4
2024		—
2025		—
2026		—
Thereafter		—
Total	$	96