COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF LEASE EXPENSE, OTHER INFORMATION AND CASH FLOWS

The components of lease expense were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2020		2021		2020		2021
Fixed operating lease costs	$	2,971	$	7,115	$	8,034	$	15,905
Variable operating lease costs	791		1,232		2,218		3,684
Short-term lease costs	266		457		579		1,067
Total lease costs	$	4,028	$	8,804	$	10,831	$	20,656

Other information related to our operating leases was as follows:

	December 31,		September 30,
	2020		2021
Weighted-average remaining lease term	5.41 years		7.46 years
Weighted-average discount rate	7.02	%	6.27	%

Cash flows related to leases were as follows:

	Nine Months Ended September 30,
(in thousands)	2020		2021
Operating cash flows:
Payments for operating lease liabilities	$	11,238	$	240
Supplemental cash flow data:
Lease liabilities arising from obtaining right-of-use assets	$	14,991	$	96,519

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Future minimum lease payments under non-cancellable operating leases (with initial lease terms in excess of one year) as of September 30, 2021 are as follows:

(in thousands)
Remainder of 2021	$	5,807
2022	32,646
2023	34,821
2024	33,355
2025	32,436
Thereafter	125,724
Total undiscounted lease payments	264,789
Less: imputed interest	(44,385)
Less: lease incentives	(12,682)
Less: leases executed but not yet commenced	(53,185)
Total lease liabilities	$	154,537