DEBT (Tables)

12 Months Ended

Dec. 31, 2025

Total borrowings as of December 31, 2025 and December 31, 2024 were as follows (in 000’s):


	December 31, 2025		December 31, 2024
Term loan	$	56,957	$	70,750
Unamortized debt discounts and issuance costs	(912)		(1,044)
Total debt, net	56,045		69,706
Less: Current portion	(5,460)		(4,250)
Long-term debt, net	$	50,585	$	65,456

Future Maturities of Long-term Debt, Net

The scheduled future maturities of long-term debt as of December 31, 2025 is as follows (in 000’s):


Year ending December 31,
2026	$	5,460
2027	51,497


Total maturities	$	56,957

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details