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LEASES (Tables)
 9 Months Ended
Sep. 30, 2025
Leases  
SUMMARY OF OPERATING LEASE LIABILITIES

The following table provides a summary of the Company’s operating lease liabilities (in thousands):

 

   September 30, 2025   December 31, 2024 
         
Current operating lease liability  $102   $823 
Non-current operating lease liability   4,254    3,262 
Total operating lease liability  $4,356   $4,085 
SCHEDULE OF COMPONENTS OF LEASE COST

The following table provides a summary of the components of lease costs and rent (in thousands):

 

                 
  

For the three months ended

September 30,

  

For the nine months ended

September 30,

 
   2025   2024   2025   2024 
                 
Operating lease cost  $385   $312   $1,137   $974 
Variable lease cost   122    96    317    292 
Short-term lease cost   13    8    32    42 
Total operating lease costs  $520   $416   $1,486   $1,308 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Future minimum lease payments and obligations, which do not include short-term leases, related to the Company’s operating lease liabilities as of September 30, 2025 were as follows (in thousands):

 

Future minimum lease payments and obligations  Operating Leases 
     
2025, remainder  $— 
2026   419 
2027   1,295 
2028   1,325 
2029   1,357 
Thereafter   1,387 
Total undiscounted operating lease payments   5,783 
Less: imputed interest   1,427 
Present value of operating lease liabilities  $4,356