Related-Party Transactions |
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| Related-Party Transactions | Note 16 Related-Party Transactions Leasing Arrangements During the three and nine months ended September 30, 2026, the Company paid $0.1 million and $0.3 million, respectively, under lease agreements with PCJW, which is controlled by the Company's founders (including the Company's current CEO), for general office space in Los Angeles, California. The following is a schedule of future minimum rental payments as of September 30, 2026 under Company’s sublease for the properties located in Los Angeles, California, signed with PCJW (in thousands):
The related-party components of the lease right-of-use assets, lease liabilities, short-term, and lease liabilities, long-term are presented as part of the right-of-use asset and lease liability on the condensed consolidated balance sheets.
Debt Facility Brendan Carroll, a Senior Partner at Victory Park Capital Advisors, LLC ("VPC"), joined the board of directors of the Company upon closing of the Business Combination. Interest expense related to the Debt Facility totaled $1.7 million and $5.0 million for the three and nine months ended September 30, 2026 and $1.8 million and $5.3 million for the three and nine months ended September 30, 2025, respectively. For more information about the Debt Facility, refer to Note 10, Debt Facility. The Debt Facility was repaid in full in October 2026. See Note 20, Subsequent Events.
Legal Services The law firm of Mitchell Sandler PLLC, of which the Company's former director Andrea Mitchell is a partner, provided legal services to the Company, which totaled $0.2 million and $0.8 million for the three and nine months ended September 30, 2026 and $0.2 million and $0.8 million for the three and nine months ended September 30, 2025, respectively. Ms. Mitchell did not stand for re-election at the Company's 2026 Annual Meeting of Stockholders, and her term as a director expired on June 2, 2026. |
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