v3.26.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Long-term Debt

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