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COMMON STOCK
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
COMMON STOCK COMMON STOCK
At-the-Market Program
On March 6, 2026, the Company entered into an open market sales agreement with Jefferies LLC (the “Agent”), as sales agent and/or principal, providing for an “at-the-market” equity offering program (the “ATM Program”) pursuant to which the Company may issue and sell from time to time shares of its common stock, par value $0.0001 per share, having an aggregate offering value of up to $30.0 million (the “Shares”) to or through the Agent in ordinary brokers’ transactions on the NYSE or otherwise, at market prices prevailing at the time of sale, in block transactions, in negotiated transactions, and in any manner permitted by applicable law or as otherwise agreed with the Agent. As of June 30, 2026, 595,303 shares have been sold under the ATM Program.
The following table provides information on shares of common stock sold under the ATM Program during the three months ended June 30, 2026 (dollars in thousands, except per-share amounts):

Three Months Ended
June 30, 2026
Number of shares sold595,303 
Weighted-average offering price per share$9.63 
Gross proceeds$5,805 
Net proceeds (1)
$5,631 
___________
(1) Net of sales agent commissions
We used the net proceeds received from the sale of the shares for general corporate purposes, including working capital. As of June 30, 2026, we had approximately $24.2 million of remaining capacity available for future issuances under the ATM Program.