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LEASES
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES LEASES
In August 2024, we entered into an operating lease for a new location for our corporate headquarters and manufacturing and research operations. The lease commenced in April 2025 and expires in 2035. The operating lease for our previous manufacturing and research operations and our corporate headquarters expired in May 2025.
The components of lease cost were as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Operating lease cost$101 $57 $173 $113 
As of June 30, 2025, the maturities of under the operating lease liability were as follows (in thousands):
2025$83 
2026331 
2027338 
2028348 
2029358 
Thereafter2,245 
Total operating lease payments3,703 
Less: imputed interest(1,248)
Total operating lease liability$2,455