v3.26.1
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Summary of Components of Third-Party Debt

The components of the Company’s third-party debt consisted of the following (in thousands):

 

 

December 31,

 

 

2025

 

 

2024

 

RTW Convertible Notes

 

$

42,881

 

 

$

50,069

 

Total principal amounts of debt

 

 

42,881

 

 

 

50,069

 

Change in fair value

 

 

(14,811

)

 

 

(14,359

)

Current portion of convertible notes payable

 

 

28,070

 

 

 

 

Convertible notes payable

 

$

 

 

$

35,710