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Long-term debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consisted of the following as of March 31, 2026 and December 31, 2025:
March 31,December 31,
(In thousands)Maturity DateInterest Rate20262025
Term Loan(1)
Jun-267.0%$2,500 $5,000 
Total debt, excluding unamortized debt issuance costs2,500 5,000 
Less: unamortized debt issuance costs(1)(3)
Total debt2,499 4,997 
Less: current portion of debt(2,499)(4,997)
Total long-term debt$— $— 
(1) As of March 31, 2026, the Term Loan was secured by substantially all assets of BioLife, Sexton, and PanTHERA other than intellectual property.
Schedule of Maturities of Long-Term Debt
As of March 31, 2026, the scheduled maturities of loans payable for each of the next five years and thereafter were as follows:
(In thousands)Amount
2026 (remainder)$2,499 
Total debt$2,499