LEASES (Tables)

3 Months Ended

Mar. 31, 2025

LEASES

Summary of components of our lease cost

The following table summarizes the components of lease cost:

	Three Months Ended
	March 31
(in thousands)	2025		2024
LEASE COST
OPERATING LEASE COST:
Total long-term operating lease cost		86		95
Total short-term operating lease cost		141		193
TOTAL LEASE COST	$	227	$	288

Schedule of weighted average lease term and weighted average discount rate of leases

The following table presents other lease information related to the Company’s leases:

	March 31,		December 31,
	2025		2024
WEIGHTED-AVERAGE REMAINING LEASE TERM (YEARS):
Operating leases	1.9		2.0
WEIGHTED-AVERAGE DISCOUNT RATE:
Operating leases	3.5	%	3.5	%

Schedule of supplemental cash flow information related to leases

The following table summarizes supplemental cash flow information related to leases:

	Three Months Ended
	March 31
(in thousands)	2025		2024
OTHER INFORMATION:
Cash paid for amounts included in the measurement of lease obligation:
Operating cash flows from operating leases	$	86	$	95

Summary of maturities of operating lease liabilities

Future lease payments under non-cancellable leases as of March 31, 2025 were as follows:

(in thousands)	Operating Lease Obligations
REMAINING FISCAL 2025	$	260
2026		161
2027		54
2028		39
2029		12
TOTAL LEASE PAYMENTS		526
Less imputed interest		(26)
LEASE OBLIGATION AS OF MARCH 31, 2025	$	500