v3.26.1
Convertible Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Aggregate Fair Value of Principal Amount of Convertible Debt The aggregate fair value of the principal amount of the convertible debt is a Level 2 fair value measurement.

 

 

 

March 31, 2026

 

 

December 31, 2025

 

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Value

 

 

Amount

 

 

Value

 

 

Value

 

2024 SVB Convertible Debt

 

$

15,000

 

 

$

14,901

 

 

$

14,414

 

 

$

15,000

 

 

$

14,889

 

 

$

14,320

 

As of March 31, 2026 and December 31, 2025, the New Convertible Term Loan balance was comprised of the following (in thousands):

 

 

March 31,

 

 

December 31,

 

 

2026

 

 

2025

 

New Convertible Term Loan Information

 

 

 

 

 

Principal

$

15,000

 

 

$

15,000

 

Transaction costs

 

(186

)

 

 

(186

)

Amortization of transaction costs

 

87

 

 

 

75

 

 

$

14,901

 

 

$

14,889