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

Related Party Transactions

v3.26.1
Related Party Transactions
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

20. Related Party Transactions

 

Accounts payable – related party

 

As of December 31, 2025, and 2024, the Company had outstanding balances of $456 thousand and $494 thousand, respectively, due to C.G. Laboratories, Inc., a related party. Additionally, as of December 31, 2025 and 2024, the Company had an outstanding balance of $17 thousand and $37 thousand due to the CEO of CG Labs. These balances primarily relate to transactions for contract manufacturing, packaging, and other services provided by CG Laboratories, Inc.

 

As of December 31, 2025, the Company had outstanding balances due to Achieving Consulting Excellence, LLC, a company owned by the Company’s Chief Financial Officer, of $93 thousand related to consulting services.