v3.25.4
Accrued Expenses and Other Current Liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Summary of Accrued Expenses and Other Current Liabilities ccrued expenses and other current liabilities consisted of the following (in thousands):

 

 

 

December 31,
2025

 

 

December 31,
2024

 

Accrued compensation and benefits

 

$

8,767

 

 

$

5,940

 

Accrued professional services

 

 

9,195

 

 

 

10,431

 

Excise and franchise taxes payable

 

 

10,054

 

 

 

7,729

 

Collateralized borrowings

 

 

2,264

 

 

 

5,842

 

Software license fee payable

 

 

9,547

 

 

 

9,953

 

Accrued Monarch legal settlement

 

 

1,314

 

 

 

1,314

 

Accrued major maintenance

 

 

3,669

 

 

 

427

 

Interest and commitment fee payable

 

 

140

 

 

 

114

 

Other accrued liabilities

 

 

2,752

 

 

 

3,746

 

Total accrued expenses and other current liabilities

 

$

47,702

 

 

$

45,496