v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt  
Schedule of notes payable

Notes payable at March 31, 2026 and December 31, 2025 consisted of the following:

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

(in thousands)

 

(unaudited)

 

 

 

 

 

Notes designated at Fair Value Option

 

$

 

26,439

 

 

$

 

31,901

 

Streeterville - New Note

 

 

 

7,086

 

 

 

 

10,925

 

Insurance Financing

 

 

 

46

 

 

 

 

164

 

Tempesta Note

 

 

 

 

 

 

 

 

Total

 

 

33,571

 

 

 

42,990

 

Less: Unamortized discount and debt issuance costs

 

 

 

(419

)

 

 

 

(467

)

Note payable, net of discount

 

$

 

33,152

 

 

$

 

42,523

 

Notes payable - non-current, net

 

$

 

11,075

 

 

$

 

15,083

 

Notes payable - current, net

 

$

 

22,077

 

 

$

 

27,440

 

Weighted average interest rate on short-term borrowings

 

 

 

9.20

%

 

 

 

8.33

%