LEASES

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lessee, Operating Leases [Text Block]

12. LEASES

We have operating and finance leases for warehouses, office space, data centers, and certain equipment. Our leases have remaining lease terms of one year to six years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within 1 year. We note our finance leases are immaterial to our financial statements as a whole and thus are not discussed below. Variable lease costs include executory costs, such as taxes, insurance, and maintenance.

The components of lease expense were as follows (in thousands):

	Years ended December 31,
	2021		2020		2019
Operating lease cost	$	6,583	$	6,352	$	7,766
Variable lease cost	1,702		1,536		1,892

The following tables provides a summary of other information related to leases (in thousands):

	Years ended December 31,
	2021		2020		2019
Cash payments included in operating cash flows from lease arrangements	$	6,478	$	7,224	$	9,558
Right-of-use assets obtained in exchange for new operating lease liabilities	835		5,316		9,593
Derecognition of right-of-use assets due to reassessment of lease term	527		666		—

The following table provides a summary of balance sheet information related to leases:

	December 31,
	2021		2020
Weighted-average remaining lease term—operating leases	2.72 years		3.57 years
Weighted-average discount rate—operating leases	7	%	7	%

Maturity of lease liabilities under our non-cancellable operating leases as of December 31, 2021, are as follows (in thousands):

Payments due by period
2022	$	6,178
2023	4,805
2024	2,773
2025	665
2026	250
Thereafter	83
Total lease payments	14,754
Less interest	1,392
Present value of lease liabilities	$	13,362