v3.26.1
2024 CREDIT AGREEMENT (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of carrying value of the current and non-current components of the term loan
The carrying value of the current and non-current components of the Term Loan A as of March 31, 2026 and December 31, 2025 are:
Current
(in thousands)March 31,
2026		December 31,
2025
Current borrowing on debt$20,313 $18,281 
Deferred financing costs(1,015)(1,013)
Current debt, net$19,298 $17,268 
Non-Current
(in thousands)March 31,
2026		December 31,
2025
Non-current borrowing on debt$288,437 $294,531 
Deferred financing costs(2,441)(2,691)
Debt, net$285,996 $291,840 
Schedule of contractual maturity of term loan and DDTL
The contractual maturity of the Term Loan A is as follows for the years ended December 31:
(in thousands)2024 Term Loan A
2026 (remainder of the year)$14,219 
202724,375 
202824,375 
2029245,781 
Total$308,750 
Schedule of components of total interest expense related to the notes and term loan
The following table sets forth the components of total interest expense, net recognized in the accompanying unaudited condensed consolidated statements of operations for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31,
(in thousands)20262025
Contractual coupon interest expense, 2024 Credit Agreement$(4,929)$(5,529)
Contractual coupon interest expense, Convertible Notes(1,779)(1,759)
Amortization of deferred financing costs(844)(819)
Interest expense(7,552)(8,107)
Capitalized interest related to Construction in Progress14165
Interest and dividend income on bank balances2,6371,320
Interest income on interest rate swap1,0051,238
Interest income3,7832,623
Interest expense, net$(3,769)$(5,484)