v3.26.1
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Notes Payable

The Company’s Notes Payable consisted of the following as of December 31, 2025 and 2024:

 

 

 

 

As of December 31,

 

 

2025

 

 

2024

 

 

(in thousands)

 

Term Note

$

502,800

 

 

$

326,662

 

Other notes payable

 

3,967

 

 

 

10,452

 

Total notes payable

 

506,767

 

 

 

337,114

 

Issuance costs

 

(7,619

)

 

 

(3,054

)

Subtotal

 

499,148

 

 

 

334,060

 

Less: current portion of notes payable

 

(3,836

)

 

 

(7,140

)

Long-term notes payable

 

495,312

 

 

 

326,920

 

Schedule of Principal Repayment Requirements on the Notes Payable

Principal repayment requirements on the notes payable as of December 31, 2025 consisted of the following:

Years Ending December 31,

Amount

 

2026

$

5,050

 

2027

 

5,050

 

2028

 

5,050

 

2029

 

5,050

 

2030

 

5,050

 

Thereafter

 

481,517

 

Total

 

506,767

 

Debt issuance costs

 

(7,619

)

Notes payable net of debt issuance costs

$

499,148