LEASES (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

SCHEDULE OF COMPONENTS OF LEASE EXPENSE

The components of lease expense were as follows:

	Three Months Ended
	March 31,
(in thousands)	2024		2023
Operating lease expense	$	665	$	690
Finance lease expense:
Amortization of leased assets		-		6
Interest on lease liabilities		-		-
Total finance lease expense		-		6
Total lease expense	$	665	$	696

SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES

Supplemental cash flow information related to leases was as follows:

	Three Months Ended
	March 31,
(in thousands)	2024		2023
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	639	$	669
Operating cash flows from finance leases		-		-
Financing cash flows from finance leases		-		6

SCHEDULE OF BALANCE SHEET INFORMATION RELATED TO LEASES

Supplemental balance sheet information related to leases was as follows:

	March 31,			December 31,
(in thousands)	2024			2023
Operating leases
Operating lease right-of-use assets	$	13,212		$	13,758
Current portion of operating lease liability		2,167			2,323
Operating lease liability, net of current portion		12,358			12,714
Total operating lease liabilities	$	14,525		$	15,037
Finance leases
Property and equipment, at cost	$	112		$	112
Accumulated depreciation		(102	)		(97	)
Property and equipment, net	$	10		$	15
Current portion of finance lease obligations	$	-		$	-
Finance lease obligations, net of current portion		-			-
Total finance lease liabilities	$	-		$	-
Weighted Average Remaining Lease Term
Operating leases		8.4 years			8.4 years
Finance leases		-			-
Weighted Average Discount Rate
Operating leases		4.6	%		4.6	%
Finance leases		0.0	%		0.0	%

SCHEDULE OF MATURITIES OF LEASE LIABILITIES

As of March 31, 2024, maturities of lease liabilities were as follows:

(in thousands)	Operating			Finance
Years Ended December 31,	leases			leases
2024 (remainder of the year)		1,670			-
2025		2,063			-
2026		2,013			-
2027		1,983			-
Thereafter		9,663			-
Total minimum lease payments		17,392			-
Less: amount representing interest		(2,867	)		-
Present value of lease liabilities	$	14,525		$	-