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LEASES (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease Cost, Supplemental Cash Flow Information Related to Operating Leases, and Weighted-Average Remaining Lease Term and Weighted-Average Discount for Operating and Finance Leases
The components of operating lease cost for the three and nine months ended September 30, 2025 and 2024 were as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Operating lease cost:
Fixed lease cost
$3,491 $2,265 $7,609 $6,755 
Short-term lease cost
106 118 277 118 
Variable lease cost
1,671 1,655 6,325 5,107 
Total operating lease cost
$5,268 $4,038 $14,211 $11,980 
Supplemental cash flow information related to the operating leases for the nine months ended September 30, 2025 and 2024 is as follows (in thousands):
Nine Months Ended September 30,
20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$6,662 $5,760 
The weighted-average remaining lease term and the weighted-average discount rate for the operating and finance leases were as follows:
Nine Months Ended September 30,
20252024
Operating
Finance
Operating
Finance
Weighted average remaining lease term (years)
5.21 years3.62 years5.62 years4.01 years
Weighted average discount rate
17.8%8.0%17.6%7.9%
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
The following table presents the supplemental balance sheet information related to operating leases at September 30, 2025 and December 31, 2024 (in thousands):
September 30,
2025		December 31,
2024
Operating lease right of use assets
$16,694 $15,478 
Total right of use asset
$16,694 $15,478 
Current portion of operating lease liability
$6,127 $6,622 
Non-current operating lease liabilities
18,617 15,438 
Less: Tenant improvement allowance receivable
(929)(2,426)
Total leased liabilities
$23,815 $19,634 
Schedule of Undiscounted Cash Flow for Future Maturities of Operating Lease Liabilities
The Company uses its incremental borrowing rate as the discount rate, which is based on the implied cost of debt. The undiscounted cash flow for future maturities of the Company’s lease liabilities as of September 30, 2025 are as follows (in thousands):
Operating Lease
Finance Lease
2025$2,634 $50 
202610,642 199 
20277,439 174 
20282,711 105 
20292,697 105 
Thereafter
13,662 17 
Total lease payments
39,785 650 
Less: imputed interest
(15,041)(68)
Total lease liabilities
24,744 582 
Less: current lease liabilities
(6,127)(170)
Total non-current lease liabilities
$18,617 $412 
Schedule of Undiscounted Cash Flow for Future Maturities of Finance Lease Liabilities
The Company uses its incremental borrowing rate as the discount rate, which is based on the implied cost of debt. The undiscounted cash flow for future maturities of the Company’s lease liabilities as of September 30, 2025 are as follows (in thousands):
Operating Lease
Finance Lease
2025$2,634 $50 
202610,642 199 
20277,439 174 
20282,711 105 
20292,697 105 
Thereafter
13,662 17 
Total lease payments
39,785 650 
Less: imputed interest
(15,041)(68)
Total lease liabilities
24,744 582 
Less: current lease liabilities
(6,127)(170)
Total non-current lease liabilities
$18,617 $412 
Schedule of Maturity Analysis of Lease Receivables
The following table sets out a maturity analysis of lease receivables, showing the undiscounted lease payments to be received after the reporting date (in thousands):
2025$341 
20261,268 
2027645 
2028373 
2029337 
Thereafter
80 
Total lease receivable
$3,044