OPERATING LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Components of lease costs

The components of lease costs included in operating expenses on our consolidated statements of operations for the New Jersey Lease, and the Foster City Lease were as follows:

	Year Ended December 31,
(In thousands)	2024		2023		2022
Operating lease costs	$	987	$	962	$	944
Variable lease costs (1)		261		344		310
Total lease costs	$	1,248	$	1,306	$	1,254

(1)Variable lease costs represent non-lease components, such as common area maintenance charges.

Undiscounted future non-cancellable lease payments

The undiscounted future non-cancellable lease payments under the New Jersey Lease and the Foster City Lease as of December 31, 2024 were as follows (in thousands):

2025	$	1,014
2026		1,040
2027		716
2028		376
2029		383
Thereafter		292
Total lease payments		3,821
Less: imputed interest		(581	)
Total	$	3,240