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Long-term debt (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consisted of the following as of December 31, 2024 and 2023:
December 31,
(In thousands)Maturity DateInterest Rate20242023
Global Cooling Term Notes(1)
Various4.0 %$— $2,596 
Term Loan(2)
Jun-267.0 %15,000 20,000 
Insurance premium financingVarious8.3 %975 1,348 
Total debt, excluding unamortized debt issuance costs15,975 23,944 
Less: unamortized debt issuance costs(35)(98)
Total debt15,940 23,846 
Less: current portion of debt(10,943)(6,285)
Total long-term debt$4,997 $17,561 
(1) The Company repaid the balance of all obligations of the Global Cooling Term Notes pursuant to the Global Cooling Purchase Agreement.
(2) As of December 31, 2024, the Term Loan was secured by substantially all assets of BioLife, SAVSU, and Sexton, other than intellectual property.
Schedule of Maturities of Long-Term Debt
As of December 31, 2024, the scheduled maturities of loans payable for each of the next five years and thereafter were as follows:
(In thousands)Amount
2025$10,943 
20264,997 
2027— 
2028— 
2029— 
Thereafter— 
Total$15,940