LEASES (Tables)

6 Months Ended

Jun. 30, 2023

LEASES

Schedule of Company's leases

The table below summarizes the Company’s leases for the six months ended June 30, 2023 and 2022 (in thousands, except term and discount rate):

	Six Months Ended
	June 30,
	2023			2022
Lease cost
Operating lease costs	$	196		$	196
Short-term lease costs		375			4,003
Variable lease costs		—			—
Total lease costs	$	571		$	4,199
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	196		$	196
Right-of-use assets obtained in exchange for new operating lease liabilities		—			—
Weighted-average remaining lease term - operating leases		0.4	years		1.4	years
Weighted-average discount rate - operating leases		4.29	%		4.29	%

Schedule of future minimum lease payments associated with the Company's non-cancellable operating leases for office space and equipment

Future minimum lease payments associated with the Company’s non-cancellable operating leases for office space as of June 30, 2023 are presented in the table below (in thousands):

	June 30, 2023
Remaining period in 2023	$	163
Thereafter		—
Total operating lease payments		163
Less: discount to present value		1
Total operating lease liabilities		162
Less: current operating lease liabilities		162
Noncurrent operating lease liabilities	$	—