v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Convertible Debt

As of June 30, 2026, the Debentures have been repaid in full and the principal outstanding balance was zero. The activity for the six months ended June 30, 2026 was as follows (in thousands):

 

 

Debentures

 

Principal balance, January 1, 2026

 

$

10,266

 

Less:

 

 

 

Conversions

 

 

 

Redemption payments of principal

 

 

(10,266

)

Debentures principal balance, June 30, 2026

 

$

 

Schedule of Other Income (Expense)

The following is a summary of the charges included within other income (expense), net on the unaudited condensed consolidated statement of operations (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Other interest expense

 

 

(70

)

 

 

(73

)

 

 

(142

)

 

 

(158

)

Changes in estimated fair value on convertible debentures

 

 

(289

)

 

 

(587

)

 

 

(745

)

 

 

4,484

 

Other income (expense)

 

 

15

 

 

 

1,336

 

 

 

(76

)

 

 

1,430

 

Total other income (expense)

 

$

(344

)

 

$

676

 

 

$

(963

)

 

$

5,756