LEASES (Tables)

6 Months Ended

Jun. 30, 2022

LEASES

Schedule of other lease related balances

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Lease cost
Operating lease cost	$	1,319		$	422		$	2,779		$	745
Finance lease cost		23			—			42			—
Short‑term lease cost		—			34			70			45
Variable lease cost		61			46			122			85
Total lease cost	$	1,403		$	502		$	3,013		$	875
Other Information
Operating cash flows used in operating leases	$	1,631		$	655		$	3,095		$	899
Operating cash flows used in finance leases		19			—			40			—
Weighted‑average remaining lease term—operating leases (years)		5.4			2.6			5.4			2.6
Weighted‑average remaining lease term—finance leases (years)		7.7			—			7.7			—
Weighted‑average discount rate—operating leases		3.9	%		5.1	%		3.9	%		5.1	%
Weighted‑average discount rate—finance leases		3.1	%		—			3.1	%		—

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 June 30, 2022, are as follows (in thousands):

	Operating Leases		Finance Leases
2022 (remaining 9 months)	$	3,022	$	40
2023		5,645		80
2024		4,264		75
2025		3,564		74
2026		3,316		74
2027 and after		5,164		379
Total lease payments		24,975		722
Less amount representing interest		(2,394)		(94)
Total lease liability		22,581		628
Less current portion of lease liability		(5,108)		(61)
Lease liability, net of current portion	$	17,473		567

Schedule of future minimum finance lease payments

	Operating Leases		Finance Leases
2022 (remaining 9 months)	$	3,022	$	40
2023		5,645		80
2024		4,264		75
2025		3,564		74
2026		3,316		74
2027 and after		5,164		379
Total lease payments		24,975		722
Less amount representing interest		(2,394)		(94)
Total lease liability		22,581		628
Less current portion of lease liability		(5,108)		(61)
Lease liability, net of current portion	$	17,473		567

Schedule of components under operating lease arrangements

		Three Months Ended June 30,						Six Months Ended June 30,
		2022			2021			2022			2021
		Operating	Sales-type		Operating	Sales-type		Operating	Sales-type		Operating	Sales-type
Revenue	$	124	—	$	—	—	$	217	—	$	—	—
Interest Income (1)		—	8		—	—		—	16		—	—

⁽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 June 30,						Six Months Ended June 30,
		2022			2021			2022			2021
		Operating	Sales-type		Operating	Sales-type		Operating	Sales-type		Operating	Sales-type
Revenue	$	124	—	$	—	—	$	217	—	$	—	—
Interest Income (1)		—	8		—	—		—	16		—	—

⁽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

	Six Months Ended June 30,
	2022		2021
Future minimum lease payments receivable	$	411	$	—
Less: Allowance for doubtful accounts		—		—
Net future minimum lease payments receivable		411		—
Less: Unearned interest income		(22)		—
Net investment in sales-type leases	$	389	$	—

Schedule of future minimum lease of lessor operating lease arrangements

	Operating		Sales-type
2022	$	—	$	137
2023		—		274
2024		—		—
2025		—		—
2026		—		—
Thereafter		—		—
Total minimum lease payments	$	—	$	411
Less: Allowance for doubtful accounts				—
Less: Present value discount				(22)
Future minimum lease payments receivable			$	389

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

	Operating		Sales-type
2022	$	—	$	137
2023		—		274
2024		—		—
2025		—		—
2026		—		—
Thereafter		—		—
Total minimum lease payments	$	—	$	411
Less: Allowance for doubtful accounts				—
Less: Present value discount				(22)
Future minimum lease payments receivable			$	389