Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on a Recurring Basis

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets
Warrant assets	$	5,913	$	—	$	—	$	5,913
Marketable investments	$	184	$	184	$	—	$	—
Foreign currency forward contract	$	—	$	—	$	—	$	—

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets
Warrant assets	$	4,366	$	—	$	—	$	4,366
Marketable investments	$	580	$	559	$	—	$	21
Foreign currency forward contract	$	2,475	$	—	$	—	$	2,475

The following table presents these royalty and the loans measured at amortized cost using the effective interest method, which approximates fair value, on a nonrecurring basis (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2025	$	9,916	$	—	$	—	$	9,916
December 31, 2024	$	14,830	$	—	$	—	$	14,830

Schedule Of Warrant Assets

The changes on the value of the warrant assets during the years ended December 31, 2025 and 2024 were as follows (in thousands):

Fair Value - January 1, 2024	$	1,759
Issuance	1,241
Exercised	(985)
Increase in fair value	2,406
Loss on foreign currency transactions	(55)
Fair Value - December 31, 2024	4,366
Issuance	537
Exercised	—
Increase in fair value	775
Gain on foreign currency transactions	235
Fair Value - December 31, 2025	$	5,913

Schedule of Fair Value Measurement Inputs and Valuation Techniques

The following ranges of assumptions were used in the models to determine fair value:

	December 31, 2025	December 31, 2024
Dividend rate range	—	—
Risk-free rate range	3.5% to 4.0%	4.2% to 4.5%
Expected life (years) range	0.87 to 7.01	1.9 to 6.9
Expected volatility range	60.1% to 151.0%	56.0% to 177.7%

Schedule of Fair Value of Financial Assets and Liabilities

The following table presents the fair value of financial assets as of December 31, 2025 (in thousands):

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets
Finance receivables, net	$	218,627	$	219,681	$	—	$	—	$	219,681
Marketable investments	184		184		184		—		—
Warrant assets	5,913		5,913		—		—		5,913
Foreign currency forward contract	—		—		—		—		—

The following table presents the fair value of financial assets and liabilities as of year ended December 31, 2024 (in thousands):

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets
Finance receivables, net	$	277,760	$	277,760	$	—	$	—	$	277,760
Marketable investments	580		580		559		—		21
Warrant assets	4,366		4,366		—		—		4,366
Foreign currency forward contract	2,475		2,475		—		—		2,475