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Related Party Transactions
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

16. Related Party Transactions

Paragon and Parade each beneficially own less than 5% of the Company’s share capital through their respective holdings of Company’s common stock.

Fairmount beneficially owns more than 5% of the Company’s capital, currently has two representatives appointed to the board of directors and beneficially owns more than 5% of Paragon.

The following is a summary of related party accounts payable and other current liabilities (in thousands):

 

 

December 31,
2025

 

 

December 31,
2024

 

Reimbursable fees under the terms of the Paragon Option
   Agreement

 

$

4,942

 

 

$

5,430

 

Paragon reimbursable legal fees

 

 

27

 

 

 

74

 

 

$

4,969

 

 

$

5,504