v3.26.1
Convertible Notes (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Company's Outstanding Convertible Notes

The tables below summarize the Company’s outstanding Convertible Notes for the period indicated (in thousands, except per share amounts):

 

 

 

December 31, 2025

 

 

 

Carrying
Value

 

 

Fair Value

 

 

Conversion
Price

 

Series C-1 Convertible Notes

 

$

3,600

 

 

$

12,461

 

 

$

97.78

 

Series C-2 Convertible Notes

 

 

4,314

 

 

 

21,373

 

 

 

68.32

 

Series D Convertible Notes

 

 

9,300

 

 

 

17,203

 

 

 

183.03

 

 

 

17,214

 

 

$

51,037

 

 

 

 

Unamortized debt discounts

 

 

 

 

 

 

 

 

Total Convertible Notes, net

 

$

17,214