BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Debt

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

	June 30, 2025		December 31, 2024
Secured borrowings	$	265,557	$	176,089
Long-term debt	$	314,547	$	321,317
Exchangeable notes	$	147,526	$	146,342

Schedule of Long-Term Debt, Aggregate Future Maturities

As of June 30, 2025, the Company had an outstanding balance of $314.5 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):

	June 30, 2025
2025	$	8,875
2026	17,750
2027	17,750
2028	17,750
2029	270,000
Total	332,125
Debt issuance costs	(17,578)
Total long-term debt, net of debt issuance costs	$	314,547