The following table summarizes the Company’s long-term debt:


			Interest	Payment	March 31,			December 31,
Debt Description	Issued	Maturity	Rate	Date	2026			2025
4.55% Promissory Note	7/6/2018	8/1/2036	4.55%	Monthly	$	4,050		$	4,125
5.50% Promissory Note	6/26/2023	7/1/2033	5.50%	Monthly		11,357			11,422
5.65% Promissory Note	7/24/2025	8/1/2035	5.65%	Monthly		16,816			16,896
Total principal amount						32,223			32,443
Less: unamortized issuance costs						(551	)		(566	)
Long-term debt					$	31,672		$	31,877

There were no significant changes in the Company’s long-term debt during the three months ended March 31, 2026. During the three months ended March 31, 2025, the Company converted $250 in aggregate principal of 4.75% Convertible Senior Notes for aggregate consideration of 3,169 shares of HCI’s common stock plus cash consideration in lieu of fractional shares.

Interest expense for long-term debt was $456 and $2,715 for the three months ended March 31, 2026 and 2025, respectively.