Loans Payable (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Loans Payable

The Company's loans payable consisted of the following:

	March 31, 2026			December 31, 2025
	(In thousands)
Ratio promissory note due May 2027
Principal amount	$	3,980		$	3,980
Deferred financing cost		(227	)		(279	)
Net carrying amount	$	3,753		$	3,701
Blue Ridge promissory note due June 2027
Principal amount	$	2,758		$	2,758
Unamortized discount		(169	)		(208	)
Net carrying amount	$	2,589		$	2,550
FocusGrowth loan due August 2028
Principal amount	$	212,182		$	217,682
Unamortized discount and deferred financing cost		(16,104	)		(17,621	)
Exit fee accretion		2,259			1,824
Net carrying amount	$	198,337		$	201,885
Other loans	$	1,030		$	1,032
Total debt, net	$	205,709		$	209,168
Loans payable, current		777			5,322
Loans payable, non-current		204,932			203,846
Total principal	$	219,950		$	221,472

Summary of Stated maturities of Loans Payable

Stated maturities of loans payable over the next five years are as follows:

	March 31, 2026
	(In thousands)
2026	$	726
2027		6,024
2028 (1)		213,189
2029		7
2030		4
Thereafter		—
Total principal payments	$	219,950
(1) Balance excludes the Exit Fee, as described above within this note.