| Schedule of notes payable |
Notes payable consisted of the following as of December 31, 2025 and 2024 (in thousands):
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| |
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Notes Payable as of December 31, 2025 |
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|
Notes Payable as of December 31, 2024 |
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| |
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|
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|
$ |
15,338 |
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|
$ |
— |
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|
$ |
15,338 |
|
|
$ |
33,338 |
|
|
$ |
— |
|
|
$ |
33,338 |
|
|
|
|
— |
|
|
|
42,056 |
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|
|
42,056 |
|
|
|
— |
|
|
|
19,801 |
|
|
|
19,801 |
|
Plus: exit fee due upon repayment of debt |
|
|
3,098 |
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|
|
— |
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|
|
3,098 |
|
|
|
3,098 |
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|
|
— |
|
|
|
3,098 |
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|
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|
|
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|
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|
|
|
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|
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|
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Total notes payable principal outstanding |
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|
18,436 |
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|
|
42,056 |
|
|
|
60,492 |
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|
|
36,436 |
|
|
|
19,801 |
|
|
|
56,237 |
|
Less: unamortized deferred financing costs |
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— |
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|
|
— |
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|
|
— |
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|
|
(758 |
) |
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|
— |
|
|
|
(758 |
) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,436 |
|
|
|
42,056 |
|
|
|
60,492 |
|
|
|
35,678 |
|
|
|
19,801 |
|
|
|
55,479 |
|
Less: current portion of notes payable |
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|
(4,250 |
) |
|
|
(2,722 |
) |
|
|
(6,972 |
) |
|
|
(4,733 |
) |
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|
(1,289 |
) |
|
|
(6,022 |
) |
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Notes payable, non-current |
|
$ |
14,186 |
|
|
$ |
39,334 |
|
|
$ |
53,520 |
|
|
$ |
30,945 |
|
|
$ |
18,512 |
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|
$ |
49,457 |
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| Schedule of maturities of long-term debt |
At December 31, 2025, aggregate future principal payments are as follows (in thousands):
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| |
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$ |
4,250 |
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|
$ |
2,722 |
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|
$ |
6,972 |
|
|
|
|
14,186 |
|
|
|
3,290 |
|
|
|
17,476 |
|
|
|
|
— |
|
|
|
3,749 |
|
|
|
3,749 |
|
|
|
|
— |
|
|
|
4,966 |
|
|
|
4,966 |
|
|
|
|
— |
|
|
|
5,112 |
|
|
|
5,112 |
|
|
|
|
— |
|
|
|
22,217 |
|
|
|
22,217 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
18,436 |
|
|
$ |
42,056 |
|
|
$ |
60,492 |
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|