v3.26.1
Convertible Notes with Warrants (Tables)
 6 Months Ended
Jun. 30, 2026
Convertible Notes with Warrants [Abstract]  
Convertible Notes Payable
The following summarizes the carrying values of the 2025 Notes as of June 30, 2026 and December 31, 2025:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stated
Interest
Rate
 
 
June 30,
2026
 
 
December 31,
2025
 
Face value of November 2025 Notes
 
 
8.5
%
 
 
11,925,000
 
 
 
12,000,000
 
PIK interest on November 2025 Notes
 
 
 
 
 
 
638,067
 
 
 
132,139
 
Less unamortized discount and debt issuance costs
 
 
 
 
 
 
(9,041,841
)
 
 
(8,953,275
)
Convertible Notes Payable
 
 
 
 
 
$
3,521,226
 
 
$
3,178,864