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Notes Receivable | 6 Months Ended
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Jun. 30, 2025
Notes Receivable [Abstract] |
Notes Receivable | Note 6. Notes Receivable The following table presents the Company’s notes receivable as of June 30, 2025 and December 31, 2024 ($ in thousands): June 30, 2025
|  | Maturity Date |  | Stated Interest Rate |  |  | Principal Amount |  |  | Interest Receivable |  |  | Fair Value |
Notes receivable, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |
Raefan Industries LLC |  | 06/30/2025 |  |  | 8 | % |  | $ | - |  |  | $ | - |  |  | $ | - |
American Innovative Robotics |  | 04/01/2027 |  |  | 8 | % |  | $ | - |  |  | $ | - |  |  | $ | - |
Notes receivable, at fair value - current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | - |
Notes receivable, at fair value - non-current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | - |
December 31, 2024
|  | Maturity Date |  | Stated Interest Rate |  |  | Principal Amount |  |  | Interest Receivable |  |  | Fair Value |
Notes receivable, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |
Convergent convertible note |  | 12/2/2024 |  |  | 8 | % |  | $ | - |  |  | $ | - |  |  | $ | - |
Raefan Industries LLC |  | 06/30/2025 |  |  | 8 | % |  | $ | - |  |  | $ | - |  |  | $ | - |
American Innovative Robotics |  | 04/01/2027 |  |  | 8 | % |  | $ | 1,106 |  |  | $ | 23 |  |  | $ | 902 |
Notes receivable, at fair value - current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | - |
Notes receivable, at fair value - non-current portion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 902 |
American Innovative Robotics, LLC The Company recorded interest income of approximately $20,000, and an unrealized gain on the note of approximately $221,000 on the American Innovative Robotics Promissory Note for the six months ended June 30, 2025. The note was fully paid off as of March 24, 2025 resulting in an ending value of $0. Raefan Industries LLC During 2024, the Company deemed that the note for Raefan Industries LLC was uncollectible, and as a result, the Company recorded a realized loss as a result of directly writing off the note on Raefan Industries LLC, resulting in an ending value of $0 for the period ended June 30, 2025 and December 31, 2024. On June 30, 2025, the Company executed a Note Modification Agreement to extend the maturity date of the note to December 31, 2025. As of June 30, 2025, the Company maintained the note as uncollectible and fully written off.

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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