Accrued Expenses and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2026

Accrued expenses and other liabilities consisted of the following:


dollars in thousands	As of June 30, 2026		As of December 31, 2025
Warrant liabilities	$	7,462	$	5,330
Accrued salaries, wages and bonuses	3,669		2,548
Deferred revenue	1,897		3,434
Deferred underwriting fee payable	1,500		1,500
Contingent consideration	1,011		2,743
Accrued foreign tax	925		925
Finance right-of-use liability	98		96
Accrued interest expense	16		52
Other	332		742
Total accrued expenses and other liabilities	16,910		17,370
Less: Current accrued expenses and other current liabilities	(7,876)		(9,794)
Total long-term accrued expenses and other noncurrent liabilities	$	9,034	$	7,576

The change in contingent consideration for the six months ended June 30, 2026 and year ended December 31, 2025 was as follows:


dollars in thousands	As of June 30, 2026		As of December 31, 2025
Contingent consideration, beginning of period	$	2,743	$	6,219
Change in fair value of contingent consideration	(63)		(2,285)
Settlement of contingent consideration (related to Ignis)	(1,669)		(1,191)
Contingent consideration, end of period	$	1,011	$	2,743