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OTHER BALANCE SHEET COMPONENTS
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
OTHER BALANCE SHEET COMPONENTS OTHER BALANCE SHEET COMPONENTS
Table 9.1: Details of Other Assets
June 30, 2025December 31, 2024
(in thousands)
Investment (1)
$3,000 $3,000 
Prepaid expense – long-term portion665 4,975 
Restricted cash139 139 
Other196 75 
Other assets$4,000 $8,189 
(1) In March 2024, the Company made a $3.0 million investment in a privately held company via a simple agreement for future equity. The Company elected to apply the fair value option on this investment. The Company believes the fair value option best reflects the economics of the underlying transaction. The fair value of this investment was based on non-marketable observable inputs, which represent Level 3 measurement within the fair value hierarchy. Changes in the fair value of this investment are recognized within "Other income" on the unaudited consolidated statements of operations, if any. During the three and six months ended June 30, 2025, and 2024, the Company did not recognize any changes in the fair value.
Table 9.2: Details of Accounts Payable and Other Accrued Liabilities
June 30, 2025December 31, 2024
(in thousands)
Accounts payable$12,272 $1,153 
Accrued payables1,103 3,147 
Accounts payable and other accrued liabilities$13,375 $4,300 
Table 9.3: Details of Other Current Liabilities
June 30, 2025December 31, 2024
(in thousands)
Other accrued expenses$1,231 $829 
Restructuring expenses accrual— 37 
Other366 436 
Other current liabilities$1,597 $1,302