Borrowings outstanding as of March 31, 2025 and December 31, 2024 are set forth in the table below:


	March 31,			December 31,				Current Amount
Description	2025			2024			Interest Rate	Maturity
Short-term debt	$	31,044		$	31,429		Various indices plus margin	Various during next 12 months

Long-term debt
Notes payable to Bank of Taiwan		1,529			1,593		2-yr deposit rate floating plus 0.1148%	June 2033
Notes payable to Bank of Taiwan		3,012			3,052		2-yr deposit rate floating plus 0.082%	September 2026
Notes payable to CTBC Bank		3,012			3,052		TAIBOR 3M plus 0.5%	March 2027
Notes payable to CTBC Bank		11,286			11,606		TAIBOR 3M plus 0.5%	May 2028
Notes payable to E Sun Bank		132			148		1-M deposit rate floating plus 0.08%	July 2027
Notes payable to E Sun Bank		1,005			1,064		1-M deposit rate floating plus 0.08%	July 2030
Notes payable to E Sun Bank		130			144		1-M time deposit rate plus 1.4%	October 2027
Notes payable to Taishin Bank		414			-		3-M deposit rate floating plus 0.25%	January 2027
Total long-term debt		20,520			20,659
Less: Current portion of long-term debt		(1,373	)		(1,096	)
Total long-term debt, net of current portion	$	19,147		$	19,563

Our Asia subsidiaries maintain credit facilities with several financial institutions through our foreign entities worldwide totaling $125.4 million. Other than two Taiwanese credit facilities that are collateralized by assets, our foreign credit lines are unsecured, uncommitted and contain no restrictive covenants. These credit facilities bear interest at the Taipei Interbank Offered Rate (or similar indices) plus a specified margin. Interest payments are due monthly on outstanding amounts under the credit lines. The unused and available credit under the various facilities as of March 31, 2025, was approximately $93.9 million, net of $31.0 million advanced under our foreign credit lines and $0.4 million credit used for import and export guarantee.

The Company maintains a long-term credit facility (“Credit Agreement”). The Credit Agreement consists of a Revolving Credit Facility in the amount of $225.0 million, including a swing line sublimit equal to the lesser of $50.0 million and the Revolving Credit Facility, a letter of credit sublimit equal to the lesser of $100.0 million and the Revolving Credit Facility, and an alternative currency sublimit equal to the lesser of $40.0 million and the Revolving Credit Facility. The Company has the option to increase the Credit Facility and/or incur Incremental Term Loans in an aggregate principal amount of up to $350.0 million. There was no outstanding balance at March 31, 2025.