COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Lease, by Balance Sheet Location

The operating right-of-use asset and operating lease liability as of March 31, 2025 and December 31, 2024 were as follows (in thousands):

	AS OF		AS OF
	MARCH 31, 2025		DECEMBER 31, 2024
Operating right-of-use asset	$	6,904	$	7,338
Operating lease liability
Current	$	1,973	$	1,595
Non-current	5,904		$	6,453
Total operating lease liability	$	7,877	$	8,048

Schedule of Operating Lease Maturity

Future minimum rental commitments for the Company’s operating leases reconciled to the operating lease liability are as follows (in thousands):

	AS OF
	MARCH 31, 2025
2025 (nine months)	$	1,967
2026	2,855
2027	2,941
2028	1,492
Thereafter	—
Total future minimum lease payments	9,255
Less: imputed interest	(1,378)
Total operating lease liability	7,877
Less: current portion of operating lease liability	(1,973)
Non-current portion of operating lease liability	$	5,904