RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2026


15. RELATED PARTY TRANSACTIONS

The Company had the following related party transactions:


	Three Months Ended March 31,				As of
	2026		2025			March 31, 2026 (unaudited)		December 31, 2025
Nature of transaction	Related Party Expense				Related Party Payable
Second Lien Notes - interest expense and principal amount (1)	$	(747)	$	(667)		$	—	$	(25,909)
2024 Term Loan - interest expense and principal amount (1)	$	(421)	$	(483)		$	—	$	(15,200)
2026 Term Loan - interest expense and principal amount (2)	$	(84)	$	—		$	(49,009)	$	—

(1)The Second Lien Notes, the 2024 Term Loan payable and the related interest expense include amounts related to the Company’s Chief Executive Officer, as well as a significant investor. Both the Second Lien Notes and the 2024 Term Loan were settled in March 2026. Refer to Note 8 - Debt for more information.

(2)The 2026 Term Loan, together with the related interest expense, include amounts related to an entity controlled by the Company’s Chief Executive Officer, as well as a significant investor. Refer to Note 8 - Debt for more information.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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+ Details