v3.26.1
Unsecured Promissory Note (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long Term Debt

Debt schedule at June 30, 2026 (in thousands):

 

   Note 1   Note 2   Note 3   Total 
Long-term debt  $1,440   $—   $2,634   $4,074 
Unamortized Original issue discount   —    —    (431)   (431)
Unamortized Financing fees   (8)   —    (14)   (22)
Unamortized discount and debt issuance costs   1,432    —    2,189    3,621 
Less current portion of long-term debt, net   (1,432)   —    (2,189)   (3,621)
Long-term debt, net  $—   $—   $—   $— 
Debt schedule at December 31, 2025 (in thousands):

 

   Note 1   Note 2   Note 3   Total 
Long-term debt  $1,984   $—   $3,301   $5,285 
Unamortized Original issue discount   (49)   —    (740)   (789)
Unamortized Financing fees   (1)   —    (19)   (20)
Unamortized discount and debt issuance costs   1,934    —    2,542    4,476 
Less current portion of long-term debt, net  $(1,934)  $—   $(1,615)  $(3,549)
Long-term debt, net  $—   $—   $927   $927 
 
Schedule of Maturities of Long-Term Debt

Future maturities for long-term debt as of June 30, 2026, were as follows (in thousands):

 

Fiscal years ending December 31:  Note 1   Note 2   Note 3   Total 
2026  $1,432   $—   $1,500   $2,932 
2027   —    —    689    689 
Total  $1,432   $—   $2,189   $3,621 
                     
Current portion of debt discount  $—   $—   $431   $431 
Current portion of origination costs  $8   $—   $14   $22 
Future maturities for long-term debt as of December 31, 2025 were as follows (in thousands):

 

Fiscal years ending December 31:  Note 1   Note 2   Note 3   Total 
2025  $1,934   $—   $1,615   $3,549 
2026   —    —    927    927 
Total  $1,934   $—   $2,542   $4,476 
                     
Current portion of debt discount  $49   $—   $374   $423 
Current portion of origination costs  $1   $—   $10   $11 
 
Schedule of Interest and Other Charges

Interest and other charges related to the Streeterville notes were as follows (in thousands):

 

Three months ended June 30, 2026  Note 1   Note 2   Note 3   Total 
Interest  $40   $—   $76   $116 
Original issue discount amortization   —    —    179    179 
Total interest charges  $40   $—   $255   $295 
                     
Loan fee amortization  $2   $—   $3   $5 

 

Six months ended June 30, 2026  Note 1   Note 2   Note 3   Total 
Interest  $84   $—   $160   $244 
Original issue discount amortization   49    —    306    355 
Total interest charges  $133   $—   $466   $599 
                     
Loan fee amortization  $3   $—   $5   $8 

 

Three months ended June 30, 2025  Note 1   Note 2   Note 3   Total 
Interest  $87   $—   $—   $87 
Original issue discount amortization   62    —    —    62 
Total interest charges  $149   $—   $—   $149 
                     
Loan fee amortization  $3   $—   $—   $3 

 

Six months ended June 30, 2025  Note 1   Note 2   Note 3   Total 
Interest  $139   $—   $—   $139 
Original issue discount amortization   134    —    —    134 
Total interest charges  $273   $—   $—   $273 
                     
Loan fee amortization  $5   $—   $—   $5