Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Total debt consisted of the following (amounts in thousands):
March 31, 2026 December 31, 2025
3.75% Small Business Administration installment loan due May 2050
 $ 100  $ 102 
Convertible note payable 5,000  5,000 
Promissory note payable 13  53 
Bridge note 2,007  — 
Director and officer (D&O) insurance policy promissory note1
26  102 
Executive and officer (E&O) insurance policy promissory note2
205  329 
Total debt 7,351  5,586 
Long-term debt, current portion (5,266) (5,506)
Long-term debt, net of current portion $ 2,085  $ 80 
(1) The 2025 D&O note carries a 7.80% interest rate and is payable quarterly with the last quarterly payment due in June 2026.
(2) The 2025 E&O note carries a 12.25% interest rate and is payable monthly with the last monthly payment due in August 2026.