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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Assets and Liabilities | The following table presents assets and liabilities for leases as of December 31, 2023 and 2022 (in thousands):
| 2023 |  | 2022
Assets |  |  |
Operating lease right-of-use assets | $ | 16,339 |  |  | $ | 18,582 |
Finance lease right-of-use assets | 6,064 |  |  | — |
Total lease assets | $ | 22,403 |  |  | $ | 18,582 |
Liabilities |  |  |
Operating lease liabilities: |  |  |
Current (included in accrued expenses and other current liabilities) | $ | 2,146 |  |  | $ | 3,541 |
Non-current | 14,908 |  |  | 15,484 |
Total operating lease liabilities | 17,054 |  |  | 19,025 |
Finance lease liabilities: |  |  |
Current (included in accrued expenses and other current liabilities) | 600 |  |  | — |
Non-current | 5,547 |  |  | — |
Total finance lease liabilities | 6,147 |  |  | — |
Total lease liabilities | $ | 23,201 |  |  | $ | 19,025 |
Schedule of Lease Cost | Lease cost for the years ended December 31, 2023 and 2022 are as follows (in thousands):
| 2023 |  | 2022
Operating lease cost (1) | $ | 4,396 |  |  | $ | 5,390 |
Finance lease cost: |  |  |
Amortization of right-of-use assets | 562 |  |  | — |
Interest on lease liabilities | 290 |  |  | — |
Total lease cost | $ | 5,248 |  |  | $ | 5,390 |
Reported in: |  |  |
Cost of goods sold | $ | 4,777 |  |  | $ | 4,897 |
Selling, general and administrative expense | 471 |  |  | 493 |
Total lease cost | $ | 5,248 |  |  | $ | 5,390 |
(1)Operating lease cost does not include short-term leases or variable costs, all of which are immaterial. Supplemental cash flow information related to leases for the years ended December 31, 2023 and 2022 are as follows (in thousands):
| 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows for operating leases | $ | 4,182 |  |  | $ | 5,072 |
Operating cash flows for finance leases | 282 |  |  | — |
Financing cash flows for finance leases | 387 |  |  | — |
Right-of-use assets obtained in exchange for new lease obligations: |  |  |
Operating leases | $ | 4,492 |  |  | $ | 4,380 |
Finance leases | 6,381 |  |  | — |
Net change in operating right-of-use assets due to lease modifications resulting in reclassification of leases from operating to finance | $ | (1,514) |  |  | $ | — |
Schedule of Future Minimum Payment Obligations for Non-Cancelable Operating Leases | As of December 31, 2023, the estimated future minimum payment obligations for non-cancelable operating leases and finance leases are as follows (in thousands):
Years Ending December 31, |  | Operating Leases |  | Finance Leases
2024 |  | $ | 3,202 |  |  | $ | 1,063 |
2025 |  | 3,132 |  |  | 979 |
2026 |  | 2,773 |  |  | 831 |
2027 |  | 2,592 |  |  | 794 |
2028 |  | 1,920 |  |  | 1,536 |
Thereafter |  | 9,042 |  |  | 3,663 |
Total lease payments |  | 22,661 |  |  | 8,866 |
Less: imputed interest |  | (5,607) |  |  | (2,719) |
Present value of lease liabilities |  | $ | 17,054 |  |  | $ | 6,147 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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