Annual report [Section 13 and 15(d), not S-K Item 405]

Financing Obligations (Tables)

v3.26.1
Financing Obligations (Tables)
12 Months Ended
Dec. 31, 2025
Financing Obligation [Abstract]  
Schedule of Financing Obligation
The following tables summarize the financing obligations and the presentation in the Consolidated Statements of Operations for the periods presented:

Year Ended December 31,
2025
2024
(in thousands)
Amortization of financing obligation assets
$
1,873
$
2,036
Interest on financing liabilities
5,616
5,545
Schedule of Future Payments for Financing Obligations
The following table summarizes future financing obligation payments by fiscal year:

Texas Equipment Financing Obligation
Montana Facility Financing Obligation
California Facilities Financing Obligation
(in thousands)
2026
$
1,030
$
1,655
$
3,503
2027
1,160
1,688
3,608
2028
—
1,722
3,717
2029
—
1,756
3,828
2030
—
1,791
3,943
Thereafter
—
19,639
90,575
Total financing obligation payments
2,190
28,251
109,174
Unamortized deferred financing costs
—
—
(202)
Amount representing interest
(594)
(18,451)
(87,649)
Net financing obligation and asset at end of term
—
4,145
15,240
Total financing obligation
$
1,596
$
13,945
$
36,563