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Subsequent Events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events
Note 18 – Subsequent Events

On August 7, 2026, the Company entered into another letter agreement with the Series F Preferred Stockholder (the “Third Series F Preferred Stock Letter Agreement”), which, among other things, extended the issuance date of Series F Preferred Stock Anniversary Warrants from August 7, 2026 to August 14, 2026. The Third Series F Preferred Stock Letter Agreement also amends the First Series F Preferred Stock Letter Agreement to extend the issuance date of the Second Series F Preferred Stock Penny Warrants from August 7, 2026 to August 14, 2026, so that if on August 14, 2026 (rather than August 7, 2026 as provided by the First Series F Preferred Stock Letter Agreement), for any reason, the Series F Preferred Stock Anniversary Warrants are not issued to the Series F Preferred Stockholder, the Company will issue the Second Series F Preferred Stock Penny Warrants to the Series F Preferred Stockholder.

On August 14, 2026, the Company entered into another letter agreement with the Series F Preferred Stockholder (the “Fourth Series F Preferred Stock Letter Agreement”), which, among other things, extended the issuance date of Series F Preferred Stock Anniversary Warrants from August 14, 2026 to August 31, 2026. The Fourth Series F Preferred Stock Letter Agreement also amends the First Series F Preferred Stock Letter Agreement and the Third Series F Preferred Stock Letter Agreement to extend the issuance date of the Second Series F Preferred Stock Penny Warrants from August 7, 2026 to August 14, 2026 and subsequently to August 31, 2026, so that if on August 31, 2026 (rather than August 7, 2026 and August 14, 2026 as provided by the First Series F Preferred Stock Letter Agreement and the Third Series F Preferred Stock Letter Agreement), for any reason, the Series F Preferred Stock Anniversary Warrants are not issued to the Series F Preferred Stockholder, the Company will issue the Second Series F Preferred Stock Penny Warrants to the Series F Preferred Stockholder. Additionally, the Fourth Series F Preferred Stock Letter Agreement waives the breach of the Current Ratio covenant as a Triggering Event through January 1, 2027.

On August 14, 2026, the Company entered into an amendment to its Credit Facility Agreement which, among other things, modifies the Current Ratio covenant requirement to at least 0.50 to 1.00 for the quarters ended June 30, 2026 through December 31, 2026. Additionally, the amendment includes a new covenant which requires the Company’s net monthly production to not fall below an average number specified in the amendment, which will be measured on a rolling three-month average, beginning September 30, 2026. After giving effect to the amendment, the Company is in compliance with all covenants under the Credit Facility as of June 30, 2026.