v3.26.1
Note 12 - Convertible and Non-Convertible Promissory Notes (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Convertible Debt [Table Text Block]
  

Convertible

  

Convertible

  

Convertible

  

OID

   
  

Notes

  

Notes

  

Notes

  

Convertible

   
  

April 2024

  

October 2024

  

Total

  

Notes

  

Total

  

(in thousands)

Balance at December 31, 2024

 

$ 356

  

1,346

  

$ 1,702

  

-

  

$ 1,702

Conversions in period

 

-

  

(2,058)

  

(2,058)

  

-

  

(2,058)

Movement in fair value

 

(29)

  

835

  

806

  

-

  

806

Balance at March 31, 2025

 

327

  

123

  

450

  

-

  

450

Conversions in period

       

(52)

  

-

  

$ (52)

Reclass of accrued interest to convertible note

       

316

  

-

  

316

Movement in fair value

       

887

  

-

  

887

Balance at June 30, 2025

       

1,601

  

-

  

1,601

Notes reclassified upon reevaluation of embedded features

       

-

  

$ 1,975

  

$ 1,975

Loss from extinguishment on July 1, 2025

       

-

  

3,404

  

3,404

New convertible notes issued at fair value

       

-

  

519

  

519

Conversions in period

       

(62)

  

-

  

(62)

Movement in fair value       8  1,368  1,376

Balance at September 30, 2025

       

$ 1,547

  

$ 7,265

  

$ 8,813

Schedule of Long-Term Debt Instruments [Table Text Block]
  

As of

  

As of

 
  

September 30,

  

December 31,

 
  

2025

  

2024

 
  

(in thousands)

 
         

Term loans

  7,958   27,719 
         

Gross convertible and non-convertible notes

  7,958   27,719 
         

Debt discount

 $(50) $(1,239)
         

Total convertible and non-convertible notes, net

  7,908   26,480 
         

Current Maturities net of debt discount

 $(7,908) $(24,851)
         

Long-term maturities net of debt discount

 $-  $1,629