Debt |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Debt Disclosure [Abstract] | |
| Debt | 10. Debt SAFE In late December 2025, the Company entered into SAFE agreements to raise $15,080. The SAFE automatically converted into shares of the Company's common stock upon the completion of the Company's IPO in accordance with their contractual terms. Upon conversion, the SAFE agreements converted into an aggregate of 1,037,100 shares of common stock at a conversion price of $14.54. At the time of conversion, the SAFE liability had a carrying value of $19,705, which was determined based on the fair value of the shares issued upon conversion measured at the Company’s $19.00 initial public offering price per share, resulting in approximately $19,705 recorded to additional paid-in capital. Convertible related party loan - BRC Loan Agreement In June 2025 AMBPL entered into a loan agreement with BRC, a related party, whereby amounts previously paid by BRC on AMBPL's behalf were formalized into a note payable to BRC. At the inception of the loan agreement, the outstanding balance was $575. The loan was modified in November 2025 and determined to be an extinguishment. As of December 31, 2025, the loan had an outstanding principal and accrued interest balance of $1,123. In connection with the completion of the Company's IPO, the outstanding balance under the BRC loan converted into 201,807 shares of the Company's common stock at a fixed conversion price of $6.55 per share. On the conversion date, the loan had a carrying value of $1,322, consisting of principal, accrued interest, and accrued Brazilian financial transaction tax (IOF). Upon conversion, the carrying value of the loan balance of approximately $1,322 was reclassified to additional paid-in capital. Accordingly, no gain or loss was recognized in the condensed consolidated statements of operations during the three and six months ended June 30, 2026. No amounts remained outstanding under the loan following its conversion. During the three and six months ended June 30, 2026, we recorded interest expense of $19 and $58, respectively, through the date of conversion. As of June 30, 2026 and December 31, 2025, we had accrued interest payable of $0 and $152, respectively. |