v3.25.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease, Cost
The components of lease cost were as follows (in thousands):

For the Three Months Ended June 30,For the Six Months Ended June 30,
2025202420252024
Operating lease cost(1)
$418 $442 $843 $836 
Sublease income$— $(30)$— $(30)
     Total lease cost$418 $412 $843 $806 
(1) Includes short-term lease costs and variable lease costs, which are immaterial.

Supplemental cash flow information related to leases was as follows (in thousands):

For the Six Months Ended June 30,
20252024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases$1,109 $739 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$119 $2,930 
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount):

June 30, 2025December 31, 2024
Operating lease right-of-use-assets (as reported)$6,029 $6,518 
Operating lease liabilities - current (as reported)1,703 1,625 
Operating lease liabilities - non-current (as reported)8,199 8,995 
Total operating lease liabilities$9,902 $10,620 
Weighted Average Remaining Lease Term (in years)
Operating leases7.1 years7.4 years
Weighted Average Discount Rate
Operating leases5.6 %5.5 %
Schedule of Maturities of Lease Liabilities were as follows (in thousands):
Operating Leases
July 1, 2025 through December 31, 2025$1,105 
20262,239 
20271,359 
20281,304 
20291,333 
2030 and thereafter4,858 
Total lease payments$12,198 
Less: imputed interest(2,296)
Total$9,902