Long-term debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Debt

Long-term debt consisted of the following as of September 30, 2025 and December 31, 2024:

				September 30,		December 31,
(In thousands)	Maturity Date	Interest Rate		2025		2024
Term Loan(1)	Jun-26	7.0	%	$	7,500	$	15,000
Insurance premium financing	Various	8.3	%	—		975
Total debt, excluding unamortized debt issuance costs				7,500		15,975
Less: unamortized debt issuance costs				(8)		(35)
Total debt				7,492		15,940
Less: current portion of debt				(7,492)		(10,943)
Total long-term debt				$	—	$	4,997

(1) As of September 30, 2025, the Term Loan was secured by substantially all assets of BioLife, SAVSU, Sexton, and PanTHERA other than intellectual property.

Schedule of Maturities of Long-Term Debt

As of September 30, 2025, the scheduled maturities of loans payable for each of the next five years and thereafter were as follows:

(In thousands)	Amount
2025 (3 months remaining)	$	2,495
2026	4,997
Total debt	$	7,492