v3.25.0.1
DEFINED CONTRIBUTION PLAN AND BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Net Periodic Pension Costs
Components of the net periodic pension costs and changes in benefit obligations under the Plan were as follows (in thousands):
Year Ended December 31,
20242023
Service costs
$134 $110 
Interest costs
29 27 
Prior service costs (credit)
— (3)
Total net periodic pension cost
$163 $134 
Schedule of Changes in Benefit Obligations
As of December 31,
20242023
Benefit obligation, beginning of year
$905 $676 
Service costs
134 110 
Interest costs
29 27 
Prior service costs (credit)
— (3)
Net actuarial (gain) loss
(34)74 
Foreign exchange (gain) loss
(51)21 
Benefit obligation, end of year, included as part of other liabilities
$983 $905 
Schedule of Weighted-Average Assumptions
Weighted-average assumptions used to determine benefit obligations were as follows:
As of December 31,
20242023
Discount rate
3.38 %3.12 %
Rate of compensation increase
3.00 %3.00 %