v3.26.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF DEBT AND NET OF DEBT ISSUANCE COSTS

The following table provides a summary of the Company’s debt, net of debt issuance costs and discounts (in thousands):

 

   2025   2024 
   As of December 31, 
   2025   2024 
         
Loan Agreement Principal  $20,000   $20,000 
Accreted final payment fee   711    354 
Unamortized debt issuance costs and discounts   (676)   (1,391)
Total long-term debt   20,035    18,963 
Less: current maturities   12,222    5,926 
Long-term debt, net of current maturities  $7,813   $13,037 
SCHEDULE OF FUTURE PAYMENT OBLIGATIONS

The future payment obligations of the principal are as follows (in thousands):

 

      
2026  $12,222 
2027   7,778 
Total principal  $20,000