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BORROWINGS
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
BORROWINGS BORROWINGS
Vendor financing arrangements—The Company has various vendor financing arrangements with extended payment terms on the purchase of software licenses and equipment. In order to determine the present value of the commitments, the Company used an imputed interest rate of 10.0%, which is an estimate based on the Company’s collateralized borrowing rate.
Expected cash flows related to vendor financing arrangements as of June 30, 2025 were as follows (in thousands):
Fiscal year ending December 31,
Amount
Remainder of 2025
$1,336 
20261,038 
2027297 
Total undiscounted cash flows2,671 
Less: Imputed interest(153)
Present value of vendor financing arrangements$2,518 
Vendor financing arrangements, current$1,955 
Vendor financing arrangements, noncurrent563 
$2,518 
Interest expense from vendor financing arrangements was less than $0.1 million for both the three months ended June 30, 2025 and 2024, and $0.1 million for both the six months ended June 30, 2025 and 2024.