Quarterly report [Sections 13 or 15(d)]

RELATED PARTY TRANSACTIONS

v3.26.1
RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
 15. RELATED PARTY TRANSACTIONS
The Company had the following related party transactions:
Three Months Ended March 31, As of
2026 2025 March 31, 2026 (unaudited) December 31, 2025
Nature of transaction Related Party Expense Related Party Payable
Second Lien Notes - interest expense and principal amount (1)
$ (747) $ (667) $ —  $ (25,909)
2024 Term Loan - interest expense and principal amount (1)
$ (421) $ (483) $ —  $ (15,200)
2026 Term Loan - interest expense and principal amount (2)
$ (84) $ —  $ (49,009) $ — 
(1)The Second Lien Notes, the 2024 Term Loan payable and the related interest expense include amounts related to the Company’s Chief Executive Officer, as well as a significant investor. Both the Second Lien Notes and the 2024 Term Loan were settled in March 2026. Refer to Note 8 - Debt for more information.
(2)The 2026 Term Loan, together with the related interest expense, include amounts related to an entity controlled by the Company’s Chief Executive Officer, as well as a significant investor. Refer to Note 8 - Debt for more information.