v3.26.1
Debt - Schedule of Revolving Credit Facility (Details) - Revolving Line of Credit - USD ($)
 6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
3M Term SOFR    
Debt Instrument [Line Items]    
Interest Rate [1] 3M Term SOFR + applicable margin  
Maturity Date [2] Mar. 18, 2029  
Maximum Facility Size [3] $ 50,000,000  
Principal Outstanding $ 0 $ 0
US 3M    
Debt Instrument [Line Items]    
Interest Rate [4] US 3M + applicable margin  
Maturity Date [2],[5] Jan. 27, 2026  
Maximum Facility Size [3] $ 50,000,000  
Principal Outstanding $ 0 $ 0
[1] The term 3M Term SOFR refers to the Three-Month forward-looking term Secured Overnight Financing Rate (“SOFR”) in effect two trading days, as defined by the Securities Industry and Financial Markets Association, prior to the commencement of the applicable interest period. The applicable margin is equal to 1.75%.
[2] Represents the ultimate maturity date of the agreement. Each draw is due within 180 days.
[3] This revolving credit facility is from a related party lender, as discussed in “Note 12. Related Party Transactions.”
[4] The term US 3M refers to the Three-Month Treasury Bill rate in effect on the last day of the prior quarter from the applicable Borrowing Date, and resets quarterly. The applicable margin is equal to 1.75%. The interest rate was 5.77% as of December 31, 2025.
[5] The Company’s revolving line of credit agreement with FMR LLC, which matured on January 27, 2026, was extended under the existing terms until it was amended effective March 18, 2026.