v3.26.1
Line of Credit and Long-term Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Carrying Values of Debt

The following table provides details for the carrying values of debt as of:

 

 

March 31, 2026

 

 

December 31, 2025

 

Term Loan - (“FCC Term Loan”) - repayable by monthly principal payments of $164 and accrued interest at Secured Overnight Financing Rate (“SOFR”) plus an applicable margin per annum (6.84% at March 31, 2026); matures February 3, 2031

 

$

15,365

 

 

$

15,855

 

Term loan - ("Pure Sunfarms Term Loan Facility") - C$27.4M - repayable by quarterly principal payments of C$1.0 million and accrued interest at Canadian prime interest or Canadian Overnight Repo Rate Average ("CORRA") plus an applicable margin (4.84% at March 31, 2026), matures February 7, 2029.

 

 

20,384

 

 

 

17,799

 

Total

 

$

35,749

 

 

$

33,654

 

Less current maturities

 

 

4,973

 

 

 

4,885

 

Total long-term debt

 

$

30,776

 

 

$

28,769

 

 
Schedule of principal maturities of long term debt

The aggregate annual principal maturities of long-term debt for the remainder of 2026 and thereafter are as follows:

Remainder of 2026

 

$

3,673

 

2027

 

 

5,026

 

2028

 

 

4,832

 

2029

 

 

14,210

 

2030

 

 

1,961

 

After

 

 

6,047

 

Total

 

$

35,749