v3.25.2
Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt [Abstract]  
Schedule of Debt

The Company’s debt consisted of:

 

   December 31, 
(In thousands)  2024   2023 
Related party debt:        
CP Acquisitions Junior Secured Note  $
   $3,799 
GIC Acquisition Note   
    645 
Green Thumb Note   10,000    
 
Total related party debt   10,000    4,444 
Less: current portion   (10,000)   (4,444)
Related party debt, net of current  $
   $
 
           
Short-term debt:          
PPP Loan   518    
 
Other Notes Payable - Current   4    
 
Total short-term debt  $522   $
 
           
Long-term debt:          
PPP Loan  $
   $518 
Other notes payable   1    367 
Exchange Note   
    6,669 
Convertible Note   
    7,840 
Unamortized debt premium   
    1,419 
Total long-term debt   1    16,813 
Less: current portion   
    (766)
Long-term debt, net of current  $1   $16,047 
Schedule of Future Minimum Principal Payments

As of December 31, 2024, future minimum principal payments on all debt positions, excluding accrued interest amounts, were as follows:

 

Years ending December 31 (In thousands)    
2025  $10,522 
Total future payments  $10,522