Accrued Liabilities |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Accrued Liabilities | NOTE 5 - Accrued Liabilities
Accrued liabilities consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
Financed Director & Officers Insurance
The Company entered into a Directors & Officers (“D&O”) insurance agreement with Oakwood D&O Insurance, effective March 15, 2026. The stated interest rate as per the agreement is 6.9% p.a. The first of ten separate monthly installment payments began on April 14, 2026. The Company made a down payment on the policy of $29 thousand. As of June 30, 2026 and December 31, 2025, the Company owed $81 thousand and $24 thousand, respectively, on the D&O insurance policy.
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