v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings and Availability to Borrow
The following table details the outstanding borrowings and availability to borrow under the Working Capital Facility (in thousands):
June 30,
2026		December 31,
2025
Outstanding borrowings$10,000 $— 
Availability to borrow6,452 14,452 
Schedule of Net Carrying Amount of Debt
The 2029 Senior Secured Notes, net consists of the following (in thousands):
June 30,
2026		December 31,
2025
Principal gross amount$48,879 $40,879 
Add: unamortized debt premium1,869 1,247 
Less: unamortized issuance costs(457)(515)
Net carrying amount$50,291 $41,611 
Schedule of Interest Expense
The following table sets forth total interest expense, annualized effective interest rate, and interest expense related to related parties, if applicable, for each of the debt instruments detailed above (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
2029 Senior Secured Notes
Contractual interest expense$1,099 $920 $2,171 $1,840 
Amortization of debt issuance costs40 39 80 77 
Amortization of debt discount/(premium)(164)(94)(318)(187)
Total interest expense$975 $865 $1,933 $1,730 
Effective interest rate8.0 %8.5 %8.0 %8.5 %
Related party interest expense$634 $673 $1,257 $1,345 
Working Capital Facility
Contractual interest expense58 — 67 — 
Amortization of debt issuance costs14 — 28 — 
Total interest expense$72 $— $95 $— 
Effective interest rate12.0 %— %16.0 %— %
2025 Convertible Notes
Contractual interest expense$— $42 $— $163 
Amortization of debt issuance costs— 5 — 20 
Amortization of debt discount/(premium)— 7 — 25 
Total interest expense$— $54 $— $208 
Effective interest rate— %4.1 %— %4.1 %
Other interest expense$163 $14 $243 $21 
Consolidated interest expense$1,210 $933 $2,271 $1,959