Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Summary of Long-Term Debt Instruments

The following table summarizes our borrowings (in millions):

	September 30, 2025		December 31, 2024
Long-term debt, non-current (Contractual maturity 2029)	$	100	$	50
Unamortized discounts, issuance costs and payment-in-kind interest, net	(2)		(2)
Total long-term debt	$	98	$	48

Summary of Maturities of Long-Term Debt

The aggregate future minimum payments due under the Hercules Agreement, including principal payments, payment-in-kind interest incurred to date, and the end of term charge, are as follows (in millions):

Maturity Date	Amount
2028	$	30
2029	78
Total payments	$	108