FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Assets Measured or Disclosed at Fair Value on Recurring Basis

The tables below present certain assets and liabilities measured at fair value categorized by the level of input used in the valuation of each asset and liability (in thousands):

	September 30, 2023
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	6,069	$	—	$	—	$	6,069
Long-term liability:
Embedded debt derivative	$	—	$	—	$	760	$	760
	December 31, 2022
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	52,442	$	—	$	—	$	52,442
Long-term liability:
Embedded debt derivative	$	—	$	—	$	760	$	760

Fair Value Derivative Liability

The tables below present certain assets and liabilities measured at fair value categorized by the level of input used in the valuation of each asset and liability (in thousands):

	September 30, 2023
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	6,069	$	—	$	—	$	6,069
Long-term liability:
Embedded debt derivative	$	—	$	—	$	760	$	760
	December 31, 2022
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	52,442	$	—	$	—	$	52,442
Long-term liability:
Embedded debt derivative	$	—	$	—	$	760	$	760