Related Party Transactions |
12 Months Ended |
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Dec. 31, 2025 | |
| Related Party Transactions | |
| Related Party Transactions | Note 13 — Related Party Transactions 2025 Private Placement Please refer to the discussion in Note 11 regarding 325 Capital’s participation in the 2025 Private Placement. 325 Capital and its affiliates beneficially own more than 5.0% of the Company’s outstanding Common Stock. In addition, Daniel M. Friedberg, who is a Managing Member of 325 Capital, serves on the Company’s board of directors. Related Party Promissory Notes Please refer to the discussion in Note 9 regarding promissory notes with related parties. Leases The Company leases its corporate office and production facility from a related party. As of July 29, 2025, the lessor no longer qualifies as a related party under the applicable accounting guidance, and payments made after that date do not constitute related party transactions. Total related party cash payments for the leases were $54 and $105 for the year ended December 31, 2025 and 2024, respectively.
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