v3.26.1
Related Party Transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

14. Related Party Transactions

Paragon and Parade each beneficially own less than 5% of the Company’s share capital through their respective holdings of Company’s common stock.

Fairmount beneficially owns more than 5% of the Company’s capital, currently has two representatives appointed to the board of directors and beneficially owns more than 5% of Paragon.

The following is a summary of related party accounts payable and other current liabilities (in thousands):

 

 

 

June 30,
2026

 

 

December 31,
2025

 

Reimbursable fees under the terms of the Paragon Option Agreement

 

$

299

 

 

$

4,942

 

Paragon reimbursable legal fees

 

 

 

 

 

27

 

 

 

$

299

 

 

$

4,969