Quarterly report [Sections 13 or 15(d)]

Borrowings - DV Convertible Note (Details)

v3.25.2
Borrowings - DV Convertible Note (Details)
6 Months Ended 12 Months Ended
May 20, 2025
USD ($)
Apr. 02, 2025
USD ($)
Feb. 14, 2025
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
D
$ / shares
Borrowings          
Repayment of debt       $ 1,083,000  
Convertible note payable, net, related party, net of current       $ 6,851,000 $ 9,569,000 [1]
DV Convertible Note          
Borrowings          
Principal amount         $ 10,000,000
Debt instrument, interest rate stated percentage       5.12%  
Conversion price number of trading days (in days) | D         10
Floor price (in $ per share) | $ / shares         $ 1.116
Percentage of payment available for offset         25.00%
Gross proceeds for redemption         10.00%
Gross proceeds of subsequent financings         $ 50,000,000
Percentage of increase in interest rate         (10.00%)
Repayment of debt     $ 406,000    
Aggregate principal balance amount repaid $ 675,000 $ 675,000      
Convertible note payable, net, related party, net of current       $ 8,800,000 $ 10,000,000
Fair value of the convertible note       $ 7,300,000  
Convertible Note          
Borrowings          
Conversion price, percentage of average VWAPs considered (in %)         (75.00%)
[1] The condensed consolidated balance sheet as of December 31, 2024 was derived from the audited consolidated balance sheet as of that date.