v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Components of Third-Party Debt

The components of the Company’s third-party debt consist of the following (in thousands):

 

 

March 31,

 

 

December 31,

 

 

2026

 

 

2025

 

RTW Convertible Notes

 

$

43,524

 

 

$

42,881

 

Total principal amounts of debt

 

 

43,524

 

 

 

42,881

 

Change in fair value

 

 

(14,974

)

 

 

(14,811

)

Current Portion of convertible notes payable

 

 

28,550

 

 

 

28,070

 

Long-term debt, net of current portion and discounts

 

$

 

 

$