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LEASES
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
LEASES LEASES.
The Company leases office facilities under an operating lease agreement. The lease agreement requires fixed monthly rental payments as well as payments for variable monthly utilities and operating costs throughout the lease term. The Company evaluates renewal options at lease inception on an ongoing basis and includes renewal options that it is reasonably certain to exercise in its expected lease terms when classifying leases and measuring lease liabilities. Lease agreements generally do not require material variable lease payments, residual value guarantees or restrictive covenants.
The table below presents the operating lease assets and liabilities recognized on the Company's consolidated balance sheets:
December 31,
Balance Sheet Line Item20242023
Non-current operating lease assetsOther assets$120 $14 
Operating lease liabilities:
Current operating lease liabilities
Other current liabilities48 14 
Non-current operating lease liabilities
Other liabilities71 — 
Total operating lease liabilities
$119 $14 
Future minimum lease payments are due as follows:
December 31, 2024
202560 
202662 
202715 
Total$137 
Less: Imputed interest18 
Present value of operating lease liabilities$119 
Operating lease costs were $62 and $59 for each of the years ended December 31, 2024 and 2023, respectively. Operating lease costs are included within selling, general and administrative expenses on the consolidated statements of operations.
Cash paid for amounts included in the measurement of operating lease liabilities were $59 and $58 for the years ended December 31, 2024 and 2023, respectively. This amount is included in operating activities in the consolidated statements of cash flows.