v3.26.1
DEBT (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
SCHEDULE OF LONG TERM DEBT

A summary of the Company’s debt at March 31, 2026 and December 31, 2025 is as follows:

 

  

March 31,

2026

  

December 31,

2025

 
8.625% Senior Notes due September 2030  $300,000,000   $250,000,000 
Less: Unamortized debt issuance costs   (7,913,000)   (6,816,000)
Notes payable net  $292,087,000   $243,184,000 
SCHEDULE OF FUTURE MINIMUM PAYMENT UNDER NOTES PAYABLES

At March 31, 2026, future minimum principal payments under the Company’s debt were as follows:

  

      
Remainder of 2026  $- 
2027   - 
2028   - 
2029   - 
2030   300,000,000 
Total minimum principal payments   300,000,000 
Less: unamortized issue costs and premium   (7,913,000)
Notes payable, net  $292,087,000