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Term Loan Facility (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Term Loan Debt, Net

Term loan debt, net consisted of the following (in thousands):

 

June 30,
2025

 

Term loan debt principal

 

$

11,720

 

Amortized paid-in-kind interest

 

 

142

 

Less: Unamortized debt issuance costs

 

 

(5,290

)

Currency adjustments

 

 

148

 

Total term loan debt, net

 

$

6,720

 

Schedule of Future Undiscounted Minimum Principal and Interest Payments

Future undiscounted minimum principal and interest payments under the EIB loan facility as of June 30, 2025, were as follows (in thousands):

Future Minimum Debt Payments

 

Amount

 

Remainder of 2025

 

$

 

2026

 

 

 

2027

 

 

 

2028

 

 

 

2029

 

 

 

2030

 

 

 

2031

 

 

18,597

 

Total minimum payments

 

 

18,597

 

Less: Unamortized debt issuance costs and paid-in-kind interest

 

 

(12,025

)

Currency adjustments

 

 

148

 

Total term loan debt

 

$

6,720

 

Schedule of Warrants Issued and Outstanding

As of June 30, 2025, the Company had the following Tranche A and Tranche B Warrants issued and outstanding to purchase shares of the Company's common stock.

 

Tranche A

 

 

Tranche B

 

Outstanding

 

 

5,623,664

 

 

 

4,221,868

 

Exercise Price

 

$

0.89

 

 

$

1.32