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LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of lease cost components, Cash Flow information, and term and discount rate information

The following table reflects lease expense for the years ended December 31, 2020 and 2019 (in thousands):


		Year ended December 31, 2020		Year ended December 31, 2019
	Financial Statement Classification
Operating lease cost	Selling, general and administrative expenses	$	1,760	$	718
Operating lease cost	Other (loss) gain	1,391		591
Total lease cost		$	3,151	$	1,309

Sublease Income	Other (loss) gain	$	2,236	$	1,386

The following table reflects supplemental cash flow information related to leases for the years ended December 31, 2020 and 2019 (in thousands):


	Year ended December 31, 2020		Year ended December 31, 2019

Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases	$	3,004	$	2,446

The following table reflects other lease information as of December 31, 2020 and 2019:


	December 31, 2020		December 31, 2019
Weighted-average remaining lease term (years):
Operating leases	2.2		3.2
Weighted-average discount rate:
Operating leases	6.3	%	6.0	%

Schedule of supplemental Balance Sheet information

The following table reflects supplemental balance sheet information related to leases as of December 31, 2020 and 2019 (in thousands):


	Financial Statement Classification	December 31, 2020		December 31, 2019
Assets
Operating lease right-of-use assets	Other long-term assets	$	2,347	$	2,776
Liabilities
Current operating lease liabilities	Other current liabilities	$	2,683	$	2,094
Noncurrent operating lease liabilities	Other long term liabilities	2,815		4,820
Total lease liabilities		$	5,498	$	6,914

Schedule of maturity of lease liabilities

The following table reflects future minimum lease payments under the Company’s non-cancelable operating leases as of December 31, 2020 (in thousands):


	Lease Payments
2021	2,917
2022	2,308
2023	632
Thereafter	—
Total lease payments	$	5,857
Less: Interest	359
Present value of lease liabilities	$	5,498