($ thousands)

Year ended
December 31,
2025

Year ended
December 31,
2024

Interest on the senior secured notes

$

38,536

$

45,270

Other interest

2,477

1,636

Interest expenses

41,013

46,906

Amortization of debt issuance costs and redemption premium (Note 7)

34,077

10,655

Accretion of decommissioning obligations (Note 9)

1,832

2,286

Accretion of lease liabilities (Note 8)

648

1,613

Financing expenses

36,557

14,554

Financing and interest expenses

$

77,570

$

61,460