LEASES (Tables)

3 Months Ended

Mar. 31, 2022

LEASES

Schedule of other lease related balances

Information about other lease-related balances is as follows (in thousands):

	Three Months Ended March 31,
	2022			2021
Lease cost
Operating lease cost	$	1,460		$	323
Finance lease cost		19			—
Short‑term lease cost		70			22
Variable lease cost		61			39
Total lease cost	$	1,610		$	384
Other Information
Operating cash flows used in operating leases	$	1,464		$	244
Operating cash flows used in finance leases		21			—
Weighted‑average remaining lease term—operating leases (years)		3.5			2.9
Weighted‑average remaining lease term—finance leases (years)		7.6			—
Weighted‑average discount rate—operating leases		3.9	%		5.5	%
Weighted‑average discount rate—finance leases		1.5	%		—	%

Schedule of future minimum operating lease payments

Future minimum lease payments under noncancelable operating leases, including immaterial future minimum lease payments under finance leases, at March 31, 2022, are as follows (in thousands):

	Operating Leases		Finance Leases
2022 (remaining 9 months)	$	4,633	$	63
2023		5,790		84
2024		4,386		80
2025		3,681		79
2026		3,427		79
2027 and after		5,267		351
Total lease payments		27,184		736
Less amount representing interest		(2,685)		(53)
Total lease liability		24,499		683
Less current portion of lease liability		(5,264)		(62)
Lease liability, net of current portion	$	19,235		621

Schedule of future minimum finance lease payments

	Operating Leases		Finance Leases
2022 (remaining 9 months)	$	4,633	$	63
2023		5,790		84
2024		4,386		80
2025		3,681		79
2026		3,427		79
2027 and after		5,267		351
Total lease payments		27,184		736
Less amount representing interest		(2,685)		(53)
Total lease liability		24,499		683
Less current portion of lease liability		(5,264)		(62)
Lease liability, net of current portion	$	19,235		621

Schedule of components under operating lease arrangements

		Three Months Ended March 31,
		2022			2021
		Operating	Sales-type		Operating	Sales-type
Revenue	$	192	—	$	—	—
Interest Income (1)		—	9		—	—

⁽¹⁾ Interest income related to sales-type leases is recorded as a component of revenue in the consolidated statements of operations and comprehensive loss for each of the periods presented.

Schedule of components under sales-type lease arrangements

		Three Months Ended March 31,
		2022			2021
		Operating	Sales-type		Operating	Sales-type
Revenue	$	192	—	$	—	—
Interest Income (1)		—	9		—	—

⁽¹⁾ Interest income related to sales-type leases is recorded as a component of revenue in the consolidated statements of operations and comprehensive loss for each of the periods presented.

Schedule of net investment in sales-type leases

	Three Months Ended March 31,
	2022		2021
Future minimum lease payments receivable	$	1,184	$	—
Less: Allowance for doubtful accounts		(523)		—
Net future minimum lease payments receivable		661		—
Less: Unearned interest income		(30)		—
Net investment in sales-type leases	$	631	$	—

Schedule of future minimum lease of lessor operating lease arrangements

	Operating		Sales-type
2022	$	243	$	632
2023		211		463
2024		37		45
2025		9		44
2026		—		—
Thereafter		—		—
Total minimum lease payments	$	500	$	1,184
Less: Allowance for doubtful accounts				(523)
Less: Present value discount				(30)
Future minimum lease payments receivable			$	631

Schedule of future minimum lease of lessor sales-type lease arrangements

	Operating		Sales-type
2022	$	243	$	632
2023		211		463
2024		37		45
2025		9		44
2026		—		—
Thereafter		—		—
Total minimum lease payments	$	500	$	1,184
Less: Allowance for doubtful accounts				(523)
Less: Present value discount				(30)
Future minimum lease payments receivable			$	631