LEASES (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Total Operating Lease Cost

For the three and six months ended June 30, 2024, the Company’s total operating lease cost was comprised of the following:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
Operating lease cost	$	119	$	121	$	238	$	242
Short-term lease cost	—		(16)		—		(16)
Variable lease cost	12		12		23		25
Total lease cost	$	131	$	117	$	261	$	251

Schedule of Maturities of Operating Lease Liabilities

As of June 30, 2024, maturities of the Company’s operating lease liabilities, which do not include short-term leases and variable lease payments, were as follows:

	(In thousands)
Six remaining months of 2024	$	281
2025	571
2026	585
2027	600
2028	615
Thereafter	2,731
Total lease payments	$	5,383
Less: imputed interest	(913)
Present value of total lease liabilities	$	4,470