Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Tables)

v3.25.3
Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Company's Credit Facilities and Related Balances
The Company’s credit facilities and related balances were as follows (dollars in thousands):

September 30, December 31,
2025 2024
(unaudited) (audited)
Term Loan Facility $ 39,250  $ 40,000 
ABL Facility —  28,853 
Notes payable 400  1,446 
Total principal 39,650  70,299 
Less debt issuance costs and original issue discount ("OID") (4,641) (5,225)
Long-term debt, net $ 35,009  $ 65,074 
Current maturities:
Current maturities of long-term debt $ 2,150  $ 2,047 
Non-current maturities:
Non-current principal $ 37,500  $ 68,252 
Less non-current portion of debt issuance costs and OID (4,641) (5,225)
Non-current maturities of long-term debt, net
 $ 32,859  $ 63,027 
Schedule of Future Contractual Maturities of Credit Facilities
Future contractual maturities of credit facilities (not including debt issuance costs) as of September 30, 2025 are as follows (dollars in thousands, unaudited):

Remainder of 2025 $ 250 
2026 2,400 
2027 2,000 
2028 2,000 
2029 33,000 
Total $ 39,650