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PROPERTY AND EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
The following table reflects property and equipment, net as of December 31, 2023 and 2022 (in thousands):
 
 December 31,
20232022
Furniture and office equipment$1,908 $1,712 
Laboratory equipment20 20 
Leasehold improvements2,945 2,945 
Construction in progress528 — 
 5,401 4,677 
Less: Accumulated depreciation (4,631)(3,933)
Property and equipment, net$770 $744