v3.26.1
Debt (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

Note payable, non-current consisted of the following (in thousands):

 

       
   As of December 31, 
   2025   2024 
Note payable  $130,000   $100,000 
Add: Final fee   5,850    4,500 
Add: PIK interest (added to principal)   1,697    593 
Less: unamortized debt issuance costs   (2,619)   (1,614)
Less: unamortized debt discount   (8,401)   (5,752)
Total long-term debt  $126,527   $97,727 
Schedule of Long Term Debt Future Principal Payments

As of December 31, 2025, future principal payments, including the incurred PIK interest and Final Fee, are as follows (in thousands):

 

Year Ending December 31,    
2028  $43,899 
2029   93,648 
Total  $137,547