v3.25.2
DEBT (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt
Debt is presented net of debt discounts and issuance costs in the Company's balance sheets and consisted of the following (in thousands):
June 30,December 31,
20252024
Term Loan$68,731 $70,280 
Revolving line of credit10,000 15,000 
Less current maturities (3,093)(3,093)
Long-term debt, net of current maturities$75,638 $82,187 
Schedule of Cash Proceeds and Payment Activity
Cash proceeds and payment activity relating to the 2024 Credit Facility consisted of the following (in thousands):
Three Months Ended June 30,Six Months Ended
June 30,
2025202420252024
Proceeds from issuance of 2024 Credit Facility’s term loan$— $2,938 $— $2,938 
Principal payments on revolving line of credit(5,000)— (5,000)— 
Principal payments on term loan(937)— (1,875)(1,688)
Net cash activity relating to debt$(5,937)$2,938 $(6,875)$1,250 
Schedule of Interest Expense
The components of interest expense are presented below (in thousands):
Three Months Ended June 30,Six Months Ended
June 30,
2025202420252024
Credit Facilities:
  Interest expense under term loan$1,226 $1,264 $2,458 $2,345 
  Accretion expense related to discount and issuance costs164 191 326 434 
  Interest expense under revolving line of credit216 — 478 — 
Interest on finance leases and other23 28 42 45 
$1,629 $1,483 $3,304 $2,824