v3.26.3
DEBT OBLIGATIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The carrying value of the Company’s outstanding debt consisted of the following (in thousands, except for interest rate):
Interest RateSeptember 30,
2026		December 31,
2025
Notes payable
8.0%$1,519 $1,519 
Total
1,519 1,519 
Unamortized debt discount and issue cost
(2)(11)
Total debt, including current obligations
1,517 1,508 
Current portion of long-term debt
(1,517)(1,508)
Total long-term debt
$— $— 
Schedule of Maturities of Long-Term Debt
The future expected loan repayment related to the senior secured term loan, notes payable and convertible loans as of September 30, 2026 are as follows (in thousands):
Remainder of 2026$1,519 
2027 and thereafter— 
1,519 
Less: Unamortized debt discount and debt issuance costs
(2)
Total
$1,517 
Schedule of Interest Expense of Long-Term Debt
Interest expense recognized on the senior secured term loans, convertible loans and notes payable, included in interest expense and amortization of debt issuance cost in the condensed consolidated statements of operations, for the nine months ended September 30, 2026 and 2025 is as follows (in thousands):
Three months ended September 30,Nine Months Ended September 30,
2026202520262025
Component of interest expense:
Contractual interest$30 $2,589 $91 $9,689 
Amortization of debt discount and issuance cost
3 772 8 2,973 
Interest expense
$33 $3,361 $99 $12,662