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Debt and Financing Obligations
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Debt and Financing Obligations Debt and Financing Obligations
On April 11, 2024, the Company amended its license to use, perform, display, copy, reproduce, modify, adapt, alter, customize, translate or otherwise create derivative works based on certain technology of NXP Semiconductors Netherlands B.V. to develop and make licensed designs for the Company’s account, and to market, demonstrate, promote, sell, offer to sell, distribute and otherwise dispose of such licensed designs for total cash consideration of $6.0 million, to be paid over 5 years, pursuant to which the Company recorded an associated vendor financing obligation, which has a balance of $3.3 million and $3.2 million as of March 31, 2026, and December 31, 2025, respectively. The Company determined that this vendor financing obligation had an imputed interest rate of 9%, which is reflective of its borrowing rate for arrangements with similar terms. The Company recognized interest expense of $0.1 million for the three months ended March 31, 2026, and 2025. The Company’s vendor financing obligation is comprised of the following payments as of March 31, 2026:
For the year ending December 31,Amount
(in thousands)
Remainder of 20261,200 
20271,200 
20281,200 
Total undiscounted cash flows$3,600 
Less: Imputed interest325 
Present value of vendor financing obligation$3,275 
Vendor financing obligation, current$1,191 
Vendor financing obligation, non-current$2,084