Annual report [Section 13 and 15(d), not S-K Item 405]

Debt (Tables)

v3.26.1
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt

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

 

 

December 31,

 

 

 

2025

 

 

2024

 

Note payable, net of discount and costs

 

$

1,524

 

 

$

538

 

Insurance financing

 

 

125

 

 

 

139

 

 

 

 

1,649

 

 

 

677

 

Less: Current portion of debt

 

 

(1,262

)

 

 

(677

)

Long-term portion of debt

 

$

387

 

 

$

 

Schedule of Principal Payments on the Debt

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

 

Year

 

December 31, 2025

 

2026

 

$

1,262

 

2027

 

 

387

 

Total principal payments

 

$

1,649