v3.26.1
Other Non-Current Liabilities
 3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Other Non-Current Liabilities Other Non-Current Liabilities
On June 14, 2024, the Company executed a non-interest bearing note payable of $4.5 million upon settlement of a legal matter. The note payable is due May 2028 and is discounted based on an imputed interest rate of 6.66%. The note payable includes an option for the Company to extend maturity of the note to September 2029 upon written notice before the thirty-seventh payment and, if such option is exercised, the maximum payment amount of the note increases to $4.8 million.
As of March 31, 2026 and December 31, 2025 the current portion of the note of $0.8 million and $0.7 million, respectively, is included in Other accrued liabilities in the Company’s Consolidated Balance Sheet.
(in thousands)As of March 31, 2026As of December 31, 2025
Note payable$2,629 $2,810 
Unamortized discount(221)(265)
Total$2,408 $2,545 
The following table presents remaining maturities for the note payable as of March 31, 2026:

(in thousands)MaturitiesDiscount Amortization
Nine months ending December 31, 2026$560 $115 
Year ending December 31, 20271,328 97
Year ending December 31, 2028741 9
Total note payable$2,629 $221 
The Company recorded $0.4 million and $0.2 million discount amortization as interest expense as of March 31, 2026 and 2025, respectively.