v3.26.1
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Royalty Right Agreements
The following table summarizes the significant unobservable inputs used in the fair value measurement of the Royalty Right Agreements:
Valuation MethodologySignificant Unobservable InputWeighted Average (range, if applicable)
Discount Rate15%
Royalty Right AgreementsProbability weighted
income approach		Probability of Success95%
Projected Years of Payments2027-2035
Schedule of Term Notes and Unamortized Debt Discount Balances
Long-term debt and unamortized debt discount balances are as follows:
June 30,December 31,
20262025
Total Outstanding Debt$55,000 $45,000 
Unamortized discount, including exit fee(4,441)(7,630)
Debt, current— (9,964)
Debt, long-term50,559 27,406 
Finance lease
95 113 
Debt, long-term, net$50,654 $27,519 
Royalty obligations and unamortized discount balances are as follows:
June 30,December 31,
20262025
Total Royalty obligations
$51,886 $51,886 
Unamortized discount(24,000)(25,945)
Current portion of royalty obligation(51)— 
Royalty obligations, long term
$27,835 $25,941 
Schedule of Debt Maturities
Scheduled principal payments on the Term Loan Facility as of June 30, 2026 are as follows:
2031$55,000 
Total$55,000