MARKETABLE SECURITIES (Tables)

3 Months Ended

Mar. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Marketable Securities

The following table sets forth the Company’s marketable securities:

	March 31,		December 31,
(in thousands)	2025		2024
U.S. Government and agency debt securities	$	—	$	10,572
U.S. Treasury bills	22,063		31,018
Total	$	22,063	$	41,590

Schedule of Debt Securities Available-for-sale

As of March 31, 2025 and December 31, 2024, the amortized cost, gross unrealized gains, gross unrealized losses and fair value were as follows:

	March 31, 2025
(in thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
U.S. Treasury bills	$	22,063	—		—		$	22,063
Total	$	22,063	$	—	$	—	$	22,063

	December 31, 2024
(in thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
U.S. Government and agency debt securities	$	10,568	$	4	$	—	$	10,572
U.S. Treasury bills	31,002		16		—		31,018
Total	$	41,570	$	20	$	—	$	41,590