v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt [Abstract]  
Schedule of Debt

The Company’s debt consisted of:

 

   March 31,   December 31, 
(In thousands)  2026   2025 
Related party debt:        
Convertible Notes  $72,000   $72,000 
Total related party debt   72,000    72,000 
Less: current portion   (72,000)   (27,000)
Related party debt, net of current  $
—
   $45,000 
           
           
Short-term debt:          
PPP Loan  $621   $620 
Other Notes Payable - Current   
—
    1 
Total short-term debt  $621   $621 
           
           
Long-term debt:          
Convertible Note  $8,000    8,000 
Other notes payable   
—
    
—
 
Total long-term debt   8,000    8,000 
Less: current portion   (8,000)   (3,000)
Long-term debt, net of current  $
—
   $5,000 
Schedule of Future Minimum Principal Payments

As of March 31, 2026, future minimum principal payments on all debt positions, excluding accrued interest amounts, were as follows:

 

(In thousands)  Years
ending
December 31		 
Remaining 2026  $30,621 
2027   50,000 
Total future payments  $80,621