v3.25.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of ROU Asset and Lease Liabilities Related to Operating Lease
ROU asset and lease liabilities related to the Company’s operating lease are as follows:
(in thousands)June 30,
2025
December 31,
2024
ROU asset, net$12,215 $12,797 
Current lease liability1,384 1,336 
Long-term lease liability12,715 13,419 
Schedule of Operating Lease Cost
The components of operating lease cost for the three and six months ended June 30, 2025 were as follows:
(in thousands)Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Operating lease cost$542 $1,084 
Variable lease cost— — 
Short-term lease cost— — 
Schedule of Future Minimum Commitments
Future minimum commitments under the non-cancelable operating lease are as follows:
(in thousands)
2025$1,158 
20262,316 
20272,316 
20282,469 
20292,469 
Thereafter7,408 
$18,136