Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.25.1
Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt

Debt as of March 31, 2025 and December 31, 2024 was as follows (in thousands):

 

 

March 31, 2025

 

 

December 31, 2024

 

Note payable, net of discount and costs

 

$

1,188

 

 

$

538

 

Insurance financing

 

 

80

 

 

 

139

 

 

 

 

1,268

 

 

 

677

 

Less: Current portion of debt

 

 

(770

)

 

 

(677

)

Long-term portion of debt

 

$

498

 

 

$

 

Schedule of Principal Payments on the Debt

Principal payments on the debt are as follows (in thousands):

 

Year ending December 31,

 

 

 

2025 (remaining nine months)

 

$

827

 

2026

 

 

853

 

 Total principal payments

 

 

1,680

 

Less amortization

 

 

(412

)

Total

 

$

1,268