| | | | | | | | | | | | | | | | | For the Years Ended December 31, | | dollars in thousands | | 2025 | | 2024 | | Cash paid for interest | | $ | 28,839 | | | $ | 23,137 | | | Cash paid for income taxes, net of refunds | | 430 | | | — | | | Fixed assets in accounts payable | | 15 | | | — | | | | | | | | Non-cash investing and financing activities: | | | | | | Series A Preferred Stock - adjustment to maximum redemption value | | $ | 27,078 | | | $ | 25,339 | | | Recognition of new right-of-use assets and corresponding operating lease liabilities | | 30,582 | | | 1,262 | | | Derecognition of right-of-use assets and corresponding operating lease liabilities | | 4,567 | | | — | | | Recognition of new right-of-use asset and corresponding financing lease liability | | 69 | | | — | | | Derecognition or modification of right-of-use assets and corresponding finance lease liabilities | | 13 | | | — | | Purchase consideration of Ignis acquisition paid in Common Stock (Note 12) | | 1,191 | | | 4,038 | | | Purchase consideration of FMS acquisition paid in Common Stock | | — | | | 14,179 | | | | | | |
The components of the income taxes paid as of December 31, 2025, consisted of the following: | | | | | | | | | | dollars in thousands | | 2025 | | Federal | | $ | — | | | State | | | | Alabama | | 118 | | | Texas | | 38 | | | Other | | 7 | | | Foreign | | | | Spain | | 267 | | | Total Income Taxes Paid | | $ | 430 | |
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