Debt obligations consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt instrument |
|
Principal at
March 31, 2026 |
|
|
Unamortized
Debt Discount |
|
|
Balance at
March 31, 2026 |
|
Current Portion: |
|
|
|
|
|
|
|
|
|
2015 Subordinated Notes |
|
$ |
5,087 |
|
|
$ |
(70 |
) |
|
$ |
5,017 |
|
Debentures |
|
|
146 |
|
|
|
— |
|
|
|
146 |
|
Promissory Note |
|
|
24,750 |
|
|
|
(268 |
) |
|
|
24,482 |
|
Other |
|
|
548 |
|
|
|
— |
|
|
|
548 |
|
Total |
|
$ |
30,531 |
|
|
$ |
(338 |
) |
|
$ |
30,193 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt instrument |
|
Principal at
December 31, 2025 |
|
|
Unamortized
Debt Discount |
|
|
Balance at
December 31, 2025 |
|
Current Portion: |
|
|
|
|
|
|
|
|
|
2015 Subordinated Notes |
|
$ |
10,500 |
|
|
$ |
(147 |
) |
|
$ |
10,353 |
|
Zydus Promissory Note |
|
|
10,000 |
|
|
|
- |
|
|
|
10,000 |
|
Debentures |
|
|
146 |
|
|
|
- |
|
|
|
146 |
|
Promissory Note |
|
|
24,750 |
|
|
|
(698 |
) |
|
|
24,052 |
|
Other |
|
|
104 |
|
|
|
— |
|
|
|
104 |
|
Total |
|
$ |
45,500 |
|
|
$ |
(845 |
) |
|
$ |
44,655 |
|
|