v3.26.1
Insurance Premium Financing
6 Months Ended
Jun. 30, 2026
Insurance [Abstract]  
Insurance Premium Financing

 

 10. Insurance Premium Financing

 

During the year ended December 31, 2025, the Company entered into various one-year financing agreements to fund a portion of its insurance premiums totaling $0.2 million, payable through monthly installments. The applicable interest rates ranged from 6.49% to 8.99%, and the agreements did not contain any financial or non-financial covenants.

 

As of June 30, 2026, the outstanding balance related to insurance premium financing was $0.1 million (December 31, 2025 – $0.2 million).