v3.25.4

Note Receivable | 12 Months Ended
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Dec. 31, 2025
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract] |
Note Receivable | 6. NOTE RECEIVABLE In November 2025, the Company entered into a short-term bridge financing arrangement with Anonybit, Inc. in connection with a potential strategic transaction. Pursuant to this arrangement, the Company advanced $0.2 million to Anonybit under a secured promissory note, which is secured by certain intellectual property and related assets of Anonybit.. The Company also entered into a software license agreement with Anonybit; however, the broader contemplated transaction was not completed, and no additional amounts were funded under the note. During the fourth quarter of 2025, the Company determined that Anonybit was insolvent and unable to satisfy its obligations after the Company ceased further funding and called the note. As a result, the Company recorded a full write-off of the $0.2 million note receivable, which is included in general and administrative expenses for the year ended December 31, 2025. As of December 31, 2025, the Company had no remaining carrying value related to this note. The Company may pursue recovery or enforcement actions; however, any potential recoveries are not considered probable at this time.

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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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