v3.26.1
Debt (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Debt Disclosure [Abstract]    
Schedule of Outstanding Debt

The following table summarizes outstanding debt for the periods indicated (in thousands):

 

  

March 31,

2026

  

December 31,

2025

 
   As of 
  

March 31,

2026

  

December 31,

2025

 
Loans payable          
Stock repurchase loan  $121   $118 
Insurance premium loan   190    286 
Extension loans   350    350 
Loans payable   661    754 
Long-term loans payable          
Extension loans   13    26 
Stock repurchase loan   163    194 
Long- term loans payable   176    220 
Total  $837   $974 

The following table summarizes outstanding debt for the periods indicated (in thousands):

           
   As of December 31, 
   2025   2024 
Convertible notes at fair value          
PIPE Notes  $-   $1,734 
Yorkville Note   -    1,718 
Convertible notes at fair value   -    3,452 
Related party loans          
Convertible   -    1,600 
Non-convertible   -    719 
Related party loans   -    2,319 
Loans payable          
Stock repurchase loan   118    329 
Insurance premium loan   286    287 
Extension loans   350    2,992 
Loans payable   754    3,608 
Long-term loans payable          
Extension loans   26    - 
Stock repurchase loan   194    - 
Long- term loans payable   220    - 
Total  $974   $9,379 
Schedule of Forth all Conversions that have taken Place with Yorkville  

The following table sets forth all conversions that have taken place with Yorkville as of December 31, 2025 (in thousands, except share amounts):

 

    Principal
Converted
    Shares of
Common Stock
Issued
 
December 20, 2024   $ 200       245,007  
January 23, 2025     600       650,026  
January 27, 2025     200       216,675  
May 27, 2025     100       288,001  
June 11, 2025     150       466,853  
Total     1,250       1,866,562