BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

The following table sets forth the the Company’s outstanding borrowings, inclusive of current and non-current portions, as of the date indicated (in thousands):

	March 31, 2025		December 31, 2024
Secured borrowings	$	178,749	$	176,089
Long-term debt	$	317,919	$	321,317
Exchangeable notes	$	146,925	$	146,342

Schedule of Long-Term Debt, Aggregate Future Maturities

As of March 31, 2025, the Company had an outstanding balance of $317.9 million, which is recorded within long-term debt on the unaudited condensed consolidated balance sheet, and its aggregate future maturities consists of the following (in thousands):

	March 31, 2025
2025	$	13,313
2026	17,750
2027	17,750
2028	17,750
2029	270,000
Total	336,563
Debt issuance costs	(18,644)
Total long-term debt, net of debt issuance costs	$	317,919