v3.26.1
Note 4 - Notes Payable
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Debt Disclosure [Text Block]

(4)

NOTES PAYABLE

 

Our long‑term debt consists of amounts outstanding under the Credit Agreement entered into in February 2025, as described in the Company’s Annual Report on Form 10‑K for the year ended December 31, 2025. There were no amendments, modifications, or new debt issuances during the three months ended March 31, 2026. Our long-term debt consists of the following (in thousands):  

 

   

March 31,
2026

   

December 31,

2025

 

Delayed Draw Term Loan

  $ 78,376     $ 79,406  

Less: current portion

    (4,015 )     (4,014 )

Less: unamortized debt issuance costs

    (344 )     (371 )

Notes payable, net of current portion

  $ 74,017     $ 75,021  

 

As of March 31, 2026, we were in compliance with all financial covenants.