COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 10: COMMITMENTS AND CONTINGENCIES

a. Lease Commitments:

The Company is engaged in operating lease arrangements for its worldwide offices. Future minimum annual payments under non-cancelable operating leases for the period remaining subsequent to December 31, 2021, are as follows:

Year ending December 31,	Rental of premises
2022	$	1,317
2023		788
2024		806
2025		862
2026		919
2027		548
Total	$	5,240

Total rent expenses for the years ended December 31, 2021, 2020 and 2019 were $2,278, $2,152 and $2,121, respectively.

During the fourth quarter of 2021, the Company entered into a non-cancelable operating lease agreement for an office that contains approximately 13,815 square feet in New York, New York (the "Lease"). The Lease commenced in January 2022, after the balance sheet date. Future payments associated with the Lease are reflected in the table above. The Lease will increase the right-of-use asset and corresponding lease liability in accordance with ASC 842.

b. Purchase Commitments:

The Company has entered into various non-cancelable agreements with third-party providers for use of mainly cloud and other services, under which it committed to minimum and fixed purchases through the year ending December 31, 2026. The following table presents details of the aggregate future non-cancelable purchase commitments under such agreements as of December 31, 2021:

Year ending December 31,
2022	$	13,427
2023		12,166
2024		22,585
2025		13,000
2026		14,250
Total purchase commitment	$	75,428

c.      Capital Leases:

As of December 31, 2021, the Company has a liability to make lease payments of $147 under capital leases. All payments will be made during 2022.