DEBT (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Outstanding Debt and Interest Expense

Outstanding debt consisted of the following (in thousands):

	March 31, 2026		December 31, 2025
Principal value of Term Loan, including Final Payment of $1,635	$	31,635	$	31,635
Fair value of bifurcated embedded derivatives	970		1,430
Unamortized debt discount	(1,558)		(1,904)
Total	$	31,047	$	31,161
Less: debt, short-term	14,123		8,765
Total debt, long-term	$	16,924	$	22,396

The following table provides the components of interest expense (in thousands):

	Three Months Ended March 31,
	2026		2025
Interest expense based on the coupon interest rate of the outstanding debt	$	723	$	724
Accretion of debt discount	346		299
Total interest expense related to debt	$	1,069	$	1,023

Schedule of Aggregate Principal Payments

As of March 31, 2026, the aggregate principal payments due for the Term Loan by year are as follows (in thousands):

Year ended December 31, 2026	$	10,104
Year ended December 31, 2027	21,531
Total principal payments due for Term Loan	$	31,635