FAIR VALUE MEASUREMENT - Schedule of Reconciliation of the Beginning and Ending Balances for Level 3 Warrant Liability (Details) - USD ($) $ in Thousands |
6 Months Ended | |
---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Interest paid during the period | $ (1,355) | $ 0 |
Warrant Liability | ||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Balance at beginning of the period | 290 | 67 |
Changes in fair value | 144 | (64) |
Balance at end of the period | 434 | 3 |
Convertible debt | ||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Balance at beginning of the period | 104,613 | 0 |
Issuance of convertible loan | 0 | 11,723 |
Changes in fair value | 78,217 | 1,590 |
Balance at end of the period | $ 181,475 | $ 13,313 |