v3.25.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Future Minimum Rental Commitments
The following is a schedule of the future minimum rental commitments for the Company's operating lease reconciled to the lease liability and right-of-use asset as of June 30, 2025 (in thousands):
June 30, 2025
2025 (remaining)$3,299 
20266,775 
20276,978 
20284,781 
2029 and thereafter— 
Total undiscounted future minimum payments21,833 
Present value discount(2,114)
Total lease liability19,719 
Unamortized lease incentives(3,014)
Cash payments in excess of straight-line lease expense(4,369)
Total right-of-use asset$12,336 
Schedule of Weighted-average Remaining Lease Term and Discount Rate
The weighted-average remaining lease term and weighted-average discount rate of the Company's operating leases are as follows:
June 30, 2025December 31, 2024
Weighted-average remaining lease term in years3.23.7
Weighted-average discount rate6.47 %6.48 %