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
Total debt consisted of the following (amounts in thousands):
March 31, 2025 December 31, 2024
3.75% Small Business Administration installment loan due May 2050
 $ 108  $ 109 
Convertible note payable, less unamortized costs of $29
 8,496  8,471 
Promissory note payable 164  226 
Short term debt 192  197 
Director and officer (D&O) insurance policy promissory note1
68  135 
Executive and officer (E&O) insurance policy promissory note2
216  338 
Total debt 9,244  9,476 
Long-term debt, current portion (4,158) (4,389)
Long-term debt, net of current portion $ 5,086  $ 5,087 
(1) The 2024 D&O note carries a 7.35% interest rate and is payable quarterly with the last quarterly payment due in July 2025.
(2) The 2024 E&O note carries a 13.5% interest rate and is payable monthly with the last monthly payment being due in August 2025.