LEASES (Tables)

6 Months Ended

Jun. 30, 2023

LEASES [Abstract]

Supplemental Cash Flow Information and Non-Cash Activity Related to Leases

Supplemental cash flow information and non-cash activity related to leases for the six months ended June 30, 2023 and 2022 are as follows:

	For the Six Months Ended June 30,
	2023		2022
Cash used in operating leases	$	11,412	$	900
ROU assets obtained in exchange for new operating lease liabilities	$	—	$	—

ROU Lease Assets and Lease Liabilities

ROU lease assets and lease liabilities for the Company’s operating leases were recorded in the condensed consolidated balance sheet as follows:

	June 30, 2023		December 31, 2022
Right of use assets, net	$	20,836	$	32,560
Short-term operating lease liabilities	$	20,836	$	21,600
Long-term operating lease liabilities		—		10,960
Total lease liabilities	$	20,836	$	32,560
Weighted average remaining lease term (in years)		1.00		1.48
Weighted average discount rate		9.5%		9.3%

Components of Lease Expenses

The components of lease expense were as follows for each of the periods presented, which are included in operating expenses in the condensed consolidated statements of operations:

	For the Three Months EndedJune 30,				For the Six Months Ended June 30,
	2023		2022		2023		2022
Operating lease expense	$	5,481	$	450	$	11,412	$	900
Short-term lease expense	$	8,067	$	24,307	$	12,879	$	24,307
Total operating lease costs	$	13,548	$	24,757	$	24,291	$	25,207

Future Lease Payments Included in Measurement of Lease Liabilities

Future lease payments included in the measurement of lease liabilities on the condensed consolidated balance sheet as of June 30, 2023, were as follows:

	June 30, 2023
2023 (remaining)	$	10,962
2024		10,962
Total future minimum lease payments	$	21,924
Less imputed interest		(1,088	)
Total	$	20,836