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LEASES (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Additional Details of Leases
The following table provides additional details of our facility leases presented in our condensed balance sheets (dollars in thousands):
FacilitiesSeptember 30, 2024December 31, 2023
Right-of-use assets$3,625$5,589
Current portion of lease liabilities2,5674,435
Operating lease liability, net of current portion1,2181,725
Total lease liabilities$3,785$6,160
Weighted-average remaining life (years)1.71.6
Weighted-average discount rate6.6 %6.8 %
Schedule of Lease Costs
The lease costs, which are included in operating expenses in our condensed statements of operations and comprehensive income (loss), were as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating lease expense$1,067 $1,061 $3,204 $3,127 
Cash paid for operating lease$1,229 $1,119 $3,594 $3,316 
Schedule of Undiscounted Cash Payment Obligations for Operating Lease Liabilities
The following table summarizes our undiscounted cash payment obligations for our operating lease liabilities as of September 30, 2024 (in thousands):
Remainder of 2024$1,255 
20251,660 
2026702 
2027238 
2028124 
Thereafter21 
Total undiscounted operating lease payments4,000 
Imputed interest expenses(215)
Total operating lease liabilities3,785 
Less: Current portion of operating lease liability(2,567)
Operating lease liability, net of current portion$1,218