The Company entered into the Avenue Financing (defined below) and financing arrangements for a portion of its Directors and Officers insurance premiums, as follows (in thousands): | | | | | | | | | Principal Repayments | | | Outstanding Balance | | | | | Amount | | | | | | Six Months Ended
June 30, | | | June 30 | | | December 31, | | | | | Financed | | | Interest Rate | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Avenue Capital Note Principal and Final Payment Fee | | $ | 15,000 | | | | Prime + 5.25 | % | | $ | - | | | $ | - | | | $ | 15,750 | | | $ | 9,250 | | | Yorkville Convertible Notes, at fair value | | | 11,500 | | | | 0.0 | % | | | - | | | | 2,365 | | | | - | | | | - | | | 2025 Insurance Note | | | 580 | | | | 8.0 | % | | | 317 | | | | - | | | | 109 | | | | 426 | | | 2024 Insurance Note | | | 596 | | | | 8.4 | % | | | - | | | | 360 | | | | - | | | | - | | | | | | | | | | | | | $ | 317 | | | $ | 2,725 | | | $ | 15,859 | | | $ | 9,676 | | | Less: current portion of notes payable | | | | | | | | | | | | | | | | | | | (3,859 | ) | | | (2,854 | ) | | Unamortized debt discounts and debt issuance costs | | | | | | | | | | | | | | | | | | | (945 | ) | | | (1,284 | ) | | Notes payable. long term | | | | | | | | | | | | | | | | | | $ | 11,055 | | | $ | 5,538 | |
|