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COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2024
COMMITMENTS AND CONTINGENCIES.  
Summary of maturities of leases

Future minimum lease payments under the Lease as of June 30, 2024 are as follows (in thousands):

Year Ending December 31,

2024, remaining

    

$

509

2025

1,031

2026

 

1,048

2027

1,066

2028

1,084

Thereafter

1,378

Total undiscounted future minimum lease payments

6,116

Less: discount

(1,030)

Less: tenant improvement receivable

(101)

Total lease liability

$

4,985