Accrued Liabilities

9 Months Ended

Sep. 30, 2025

Accrued Liabilities, Current [Abstract]

Note 11. Accrued Liabilities

Accrued liabilities were comprised of the following (in thousands):


	As of September 30, 2025		As of December 31, 2024
Payroll-related	$	2,742	$	3,041
Property, plant, and equipment		63		89
Deferred revenue		3		30
Insurance premiums and accrued interest		240		56
Loss contingency accrual		—		373
Other		918		952
Total current accrued liabilities	$	3,966	$	4,541

On July 31, 2025, the Company entered into a financing agreement with First Insurance Funding for the financing of the Company's D&O liability insurance and related policies. Under the terms of the financing agreement, the Company will pay a total of $0.5 million in premiums, taxes, and fees, plus interest at an annual percentage rate of 7.49% in eight monthly installment payments that commenced on August 1, 2025. During the three months ended September 30, 2025, the Company made a down payment on the policy of $0.2 million to the insurer and two monthly installments for an aggregate of $0.1 million to First Insurance Funding. As of September 30, 2025, the Company owed $0.2 million for insurance premiums and accrued interest.