RELATED-PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Schedule of Significant Inputs Used to Estimate Fair Value

The table below summarizes the significant inputs used to estimate the fair value of the 5.00% Notes as of June 30, 2024 and December 31, 2023:

	June 30, 2024		December 31, 2023
Coupon rate	5.00	%	5.00	%
Term (years)	2.5		3.0
Volatility	55.00	%	55.00	%
Risk-free rate	4.67	%	4.02	%
Discount yield	27.00	%	25.00	%

The table below summarizes the significant inputs used to estimate the fair value of the Schuler Purchase Obligation as of December 31, 2023:

	December 31, 2023
Stock price	$	3.92
Exercise price	$	7.20
Term (years)	0.13
Volatility	55.00		%
Risk-free rate	5.55		%
Fixed commitment purchase price (in thousands)	$	10,000
Number of Shares	1,387,949
Obligation probability	75.00		%

The table below summarizes the significant inputs used to estimate the fair value of the Common Warrant liability as of June 30, 2024 and January 23, 2024:

	June 30, 2024			January 23, 2024
Exercise price	$	1.65		$	1.65
Term (years)	4.6			5.0
Volatility	58.50		%	55.00		%
Risk-free rate	4.38		%	4.06		%
Dividend yield	0.00		%	0.00		%