v3.25.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF LONG TERM DEBT OBLIGATIONS

The Company’s long-term debt obligations consist of the following (in US$ thousands):

 

   June 30, 2025   December 31, 2024 
         
Secured Term Loan  $290,250   $322,500 
Secured Revolving Credit Facility   -    - 
Borrowings from Long-Term 24 Month Working Capital Facilities   1,412    4,235 
Less: unamortized debt issuance costs   (2,834)   (3,613)
Total loans and borrowings   288,828    323,122 
Less: current installments   (65,912)   (68,735)
Long-term debt, net of unamortized debt issuance costs and excluding current installments  $222,916   $254,387 
SCHEDULE OF SHORT TERM DEBT OBLIGATIONS

The Company’s short-term debt obligations consist of the following (in US$ thousands):

 

   June 30, 2025   December 31, 2024 
         
Short-term borrowings from working capital facilities  $66,260   $59,832 
Less: unamortized debt issuance costs   (263)   (112)
Short-term debt, excluding current installments of long-term debt  $65,997   $59,720 
SCHEDULE PRINCIPAL PAYMENTS OF LONG TERM DEBT

Scheduled principal payments of long-term debt for periods subsequent to June 30, 2025, are as follows (in US$ thousands):

 

      
2025  $33,662 
2026   64,500 
2027   193,500 
2028   - 
2029   - 
Total long-term debt  $291,662