v3.25.4
DEBT (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF LONG TERM DEBT OBLIGATIONS

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

 

  

December 31,

2025

   December 31,
2024
 
         
Secured Term Loan  $258,000   $322,500 
Secured Revolving Credit Facility   -    - 
Borrowings from Long-Term 24 Month Working Capital Facilities   -    4,235 
Less: unamortized debt issuance costs   (2,122)   (3,613)
Total loans and borrowings   255,878    323,122 
Less: current installments   (64,500)   (68,735)
Long-term debt, net of unamortized debt issuance costs and excluding current installments  $191,378   $254,387 
SCHEDULE OF SHORT TERM DEBT OBLIGATIONS

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

 

   December 31,   December 31, 
   2025   2024 
         
Other short-term borrowings from working capital facilities  $54,250   $59,832 
Less: unamortized debt issuance costs   -    (112)
Short-term debt, excluding current installments of long-term debt  $54,250   $59,720 
SCHEDULE PRINCIPAL PAYMENTS OF LONG TERM DEBT

Scheduled principal payments of long-term debt for periods subsequent to December 31, 2025, are as follows (in US$ thousands):

 

      
2026  $64,500 
2027   193,500 
2028   - 
2029   - 
2030   - 
Total  $258,000