Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.25.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
Total debt consisted of the following (amounts in thousands):
September 30, 2025 December 31, 2024
3.75% Small Business Administration installment loan due May 2050
 $ 104  $ 109 
Convertible note payable 5,000  8,471 
Promissory note payable 91  226 
Short term debt 183  197 
Director and officer (D&O) insurance policy promissory note1
179  135 
Executive and officer (E&O) insurance policy promissory note2
16  338 
Total debt 5,573  9,476 
Long-term debt, current portion (491) (4,389)
Long-term debt, net of current portion $ 5,082  $ 5,087 
(1) The 2025 D&O note carries a 7.8% interest rate and is payable quarterly with the last quarterly payment due in June 2026.
(2) The 2025 E&O note carries a 13.5% interest rate and is payable monthly with the last monthly payment being due in August 2026.