v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt  
Summary of carrying value of debt outstanding

    

June 30, 

December 31,

2025

    

2024

Finance lease and other financing obligations

$

4,754

$

3,311

ABL Facility

24,000

10.75% Senior Secured Notes due 2025, face amount

 

 

181,446

Less: unamortized original issue discount

(873)

Less: unamortized term loan deferred financing costs

(245)

Total debt, net

 

28,754

 

183,639

Less: current maturities

 

(2,411)

 

(182,188)

Total long-term debt

$

26,343

$

1,451

Components of interest expense

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

June 30, 

June 30, 

2025

    

2024

2025

    

2024

Interest incurred on finance lease and other financing obligations

$

125

$

75

$

218

$

141

Interest expense incurred on ABL Facility and 2025 Senior Secured Notes

871

5,042

6,286

10,085

Amortization of deferred financing costs on ABL Facility and 2025 Senior Secured Notes

151

272

424

540

Amortization of original issue discount on 2025 Senior Secured Notes

 

430

 

440

846

Interest income

(210)

(1,546)

(2,102)

(2,751)

Interest expense, net

$

937

$

4,273

$

5,266

$

8,861

Schedule of future maturities

Rest of 2025

    

$

1,182

2026

 

1,840

2027

 

1,414

2028

 

24,318

Total

$

28,754