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LEASES
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
LEASES LEASES
The Company has a non-cancelable operating lease for its corporate office, which is located in Lake Forest, Illinois (the “Lake Forest Lease”). On May 1, 2023, the Company amended the Lake Forest Lease to reduce the size of leased premises and extend the term of the lease through December 31, 2030. Additionally, in connection with the Spectrum Merger, the Company assumed leases for two facilities and certain office equipment which Spectrum had previously been the lessee (See Note 20, Restructuring Charges).

The following table reflects lease expense for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Financial Statement Classification2024202320242023
Operating lease costSelling, general and administrative expenses$65 $57 $131 $96 
The following table reflects supplemental cash flow information related to leases for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases$258 $104 $540 $208 
The following table reflects supplemental balance sheet information related to leases as of June 30, 2024 and December 31, 2023 (in thousands):
Financial Statement ClassificationJune 30, 2024December 31, 2023
Assets
Operating lease right-of-use assetsOther long-term assets$1,198 $1,269 
Liabilities
Current operating lease liabilitiesOther current liabilities$665 $928 
Noncurrent operating lease liabilitiesOther long-term liabilities1,254 1,470 
Total lease liabilities$1,919 $2,398 
LEASES LEASES
The Company has a non-cancelable operating lease for its corporate office, which is located in Lake Forest, Illinois (the “Lake Forest Lease”). On May 1, 2023, the Company amended the Lake Forest Lease to reduce the size of leased premises and extend the term of the lease through December 31, 2030. Additionally, in connection with the Spectrum Merger, the Company assumed leases for two facilities and certain office equipment which Spectrum had previously been the lessee (See Note 20, Restructuring Charges).

The following table reflects lease expense for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Financial Statement Classification2024202320242023
Operating lease costSelling, general and administrative expenses$65 $57 $131 $96 
The following table reflects supplemental cash flow information related to leases for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases$258 $104 $540 $208 
The following table reflects supplemental balance sheet information related to leases as of June 30, 2024 and December 31, 2023 (in thousands):
Financial Statement ClassificationJune 30, 2024December 31, 2023
Assets
Operating lease right-of-use assetsOther long-term assets$1,198 $1,269 
Liabilities
Current operating lease liabilitiesOther current liabilities$665 $928 
Noncurrent operating lease liabilitiesOther long-term liabilities1,254 1,470 
Total lease liabilities$1,919 $2,398