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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
19. SUBSEQUENT EVENTS
On January 31, 2025, the Company entered into a modification agreement with JPMorgan Chase Bank, N.A., as administrative agent and lender (the “Fifth Modification Agreement”) pursuant to which the credit facility’s maturity date was extended from January 31, 2025 to March 31, 2025. As of the date of the Fifth Modification Agreement, the remaining aggregate principal balance outstanding under the 2022 Credit Facility was $15.0 million.
On February 14, 2025, the Company and a lender entered into a $5.0 million first lien mortgage loan agreement secured by the Company’s property at 8944 Lindblade Street in Los Angeles, California.