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

Financial Instruments (Tables)

v3.26.1
Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2025
Text Block [Abstract]  
Summary of fair value hierarchy of Company's financial assets and financial liabilities

The following table summarizes the fair value hierarchy for the Company’s financial assets and financial liabilities that are re-measured at their fair values periodically:

 

 

As of December 31, 2025

 

 

As of December 31, 2024

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long term investments

 

$

 

2

 

 

$

 

—

 

 

$

 

840

 

 

$

 

842

 

 

$

 

10

 

 

$

 

—

 

 

$

 

853

 

 

$

 

863

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration payable

 

$

 

—

 

 

$

 

—

 

 

$

 

3,407

 

 

$

 

3,407

 

 

$

 

—

 

 

$

 

—

 

 

$

 

3,127

 

 

$

 

3,127

 
Summary Of Changes In Level One and Level Three Financial Assets

The following table summarizes the changes in Level 1 and Level 3 financial assets:

 

 

 

Financial Assets

 

 

 

 

4Front Venture Corp.

 

 

 

The Pharm Stand, LLC

 

 

 

Island Thyme, LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2023

 

$

 

56

 

 

 

 

—

 

 

$

 

679

 

Additions

 

 

 

—

 

 

 

 

125

 

 

 

 

260

 

Revaluations

 

 

 

(46

)

 

 

 

—

 

 

 

 

—

 

Loss on equity method investments

 

 

 

—

 

 

 

 

—

 

 

 

 

(211

)

Balance as of December 31, 2024

 

$

 

10

 

 

$

 

125

 

 

$

 

728

 

Additions

 

 

 

—

 

 

 

 

—

 

 

 

 

—

 

Revaluations

 

 

 

(8

)

 

 

 

—

 

 

 

 

—

 

Loss on equity method investments

 

 

 

—

 

 

 

 

—

 

 

 

 

(13

)

Balance as of December 31, 2025

 

$

 

2

 

 

$

 

125

 

 

$

 

715

 
Summary of changes in level three financial assets and liabilities

The following table summarizes the changes in the Company's Level 3 financial liabilities:

 

 

Financial Liabilities

 

 

 

 

Contingent Consideration Payable

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2024

 

$

 

3,127

 

Consideration paid

 

 

 

—

 

Revaluations

 

 

 

280

 

Balance as of December 31, 2025

 

$

 

3,407

 
Summary of long-term debt instruments at their carrying value and fair value

The following table summarizes the Company’s long-term debt instruments (Refer to Note 9) at their carrying value and fair value:

 

 

 

As of December 31, 2025

 

 

As of December 31, 2024

 

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

June Unsecured Debentures

 

$

 

24,855

 

 

$

 

23,831

 

 

$

 

21,750

 

 

$

 

20,142

 

June Secured Debentures

 

 

 

160,772

 

 

 

 

154,569

 

 

 

 

144,913

 

 

 

 

134,096

 

Secured Notes

 

 

 

8,359

 

 

 

 

8,089

 

 

 

 

14,968

 

 

 

 

15,223

 

Other

 

 

 

—

 

 

 

 

—

 

 

 

 

696

 

 

 

 

687

 

Total

 

$

 

193,986

 

 

$

 

186,489

 

 

$

 

182,327

 

 

$

 

170,148