Outstanding Debt (Tables)

9 Months Ended

Sep. 30, 2026

The following two tables summarize outstanding debt as of September 30, 2026 and December 31, 2025, respectively (amount in thousands, except per share amounts):



				Stated									Fair
				Interest			Conversion				Remaining		Value			Carrying
		Maturity Date		Rate			Price		Face Value		Debt Discount		Adjustment			Value
Short term convertible notes payable
6% unsecured		Due			6	%	$	3.09	$	135	$	—	$	—		$	135
8% unsecured		February 1, 2027			8	%	$	0.16		559		—		—			559
										694		—		—			694
Short term convertible notes at fair value
0% unsecured		July 29, 2027			0	%		Variable		4,400		—		281			4,681
5% unsecured		September 8, 2027			5	%		Variable		550		—		37			587
11% unsecured		Various			11	%		$0.19 - $0.30		29,640		—		835			30,475
12% unsecured		Various			12	%		$0.18		4,695		—		442			5,137
										39,285		—		1,595			40,880
Short term notes payable
8% unsecured		Various			8	%		N/A		10,545		(390)		—			10,155
										10,545		(390)		—			10,155
Short term notes payable - related party
0% unsecured		October 7, 2026			0	%		N/A		800		—		—			800
										800		—		—			800
Long term convertible notes payable
11% unsecured		Various			11	%		$0.21 - $0.23		2,819		—		—			2,819
										2,819		—		—			2,819
Long term convertible notes at fair value
9% unsecured		March 4, 2028			9	%		Variable		2,000		—		14			2,014
										2,000		—		14			2,014
Long term notes payable
8% unsecured		March 11, 2028			8	%		N/A		7,705		(556)		—			7,149

Ending balance as of September 30, 2026									$	63,848	$	(946)	$	1,609		$	64,511



				Stated											Fair
				Interest			Conversion					Remaining			Value			Carrying
		Maturity Date		Rate			Price		Face Value			Debt Discount			Adjustment			Value
Short term convertible notes payable
6% unsecured		Due			6	%	$	3.09	$	135		$	—		$	—		$	135
8% unsecured		Various			8	%	$	0.20		505			—			—			505
										640			—			—			640
Short term convertible notes at fair value
0% unsecured		Various			0	%		Variable		5,250			—			1,175			6,425
11% unsecured		Various			11	%		$0.21 - $0.30		26,815			—			(5,047)			21,768
12% unsecured		Various			12	%		$0.19 - $0.21		5,620			—			(1,757)			3,863
										37,685			—			(5,629)			32,056
Short term notes payable
0% unsecured		On Demand			0	%		N/A		2,140			—			—			2,140
8% unsecured		Various			8	%		N/A		6,921			(156)			—			6,765
12% unsecured		On Demand			12	%		N/A		563			—			—			563
										9,624			(156)			—			9,468
Long term convertible notes payable
11% unsecured		Various			11	%		$0.21-$0.22		325			—			—			325
										325			—			—			325

Long term convertible notes at fair value
11% unsecured		Various			11	%		$0.19-$0.25		5,150			—			70			5,220
										5,150			—			70			5,220
Long term notes payable
8% unsecured		Various			8	%		N/A		13,220			(887)			—			12,333

Ending balance as of December 31, 2025									$	66,644		$	(1,043)		$	(5,559)		$	60,042