RELATED PARTY TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2026

The table below summarizes related party revenues that are reflected within Services revenue in the condensed consolidated statements of operations and comprehensive loss (in thousands):


	Three Months Ended March 31,
	2026		2025
Revenue associated with Dow	$	1,923	$	2,164
Total	$	1,923	$	2,164

Schedule of Related Party Expenses

The table below summarizes the expenses with related parties that are reflected in the condensed consolidated statements of operations and comprehensive loss (in thousands):


	Three Months Ended March 31,
	2026		2025
Subcontracting services(1)	$	1,196	$	9,083
General and administrative services(2)		267		282
Total	$	1,463	$	9,365

__________

(1)

Expenses relating to subcontracting services are reflected within Direct costs in the condensed consolidated statements of operations and comprehensive loss.

(2)

Expenses related to general and administrative services are reflected within Selling, general, and administrative expenses in the condensed consolidated statements of operations and comprehensive loss.

Schedule of Due from and Due to related parties and Long-term deferred revenue

The following balances were recorded within Due from and Due to related parties and Long-term deferred revenue (in thousands):


	March 31, 2026		December 31, 2025
Due from related parties (1)	$	4,182	$	4,580
Due to related parties		4,299		4,225
Long-term deferred revenue		2,285		2,353

__________

(1)

As of March 31, 2026 and December 31, 2025, $4.1 million and $4.5 million, respectively, is related to Dow, of which $3.5 million and $0.7 million, respectively, is unbilled.