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

The following is a summary of the Company’s long-term debt (in thousands):

 

 

 

MARCH 31,

 

 

DECEMBER 31,

 

 

2026

 

 

2025

 

Senior secured term loan

 

$

822,938

 

 

$

825,000

 

Promissory notes

 

 

17,398

 

 

 

17,441

 

Accounts receivable pledging arrangement

 

 

1,693

 

 

 

1,599

 

Total debt obligations

 

 

842,029

 

 

 

844,040

 

Less debt issuance costs and discount

 

 

(9,925

)

 

 

(10,300

)

Long-term debt, net of debt issuance costs

 

 

832,104

 

 

 

833,740

 

Less accounts receivable pledging arrangement

 

 

(1,693

)

 

 

(1,599

)

Less current maturities of long-term debt

 

 

(13,437

)

 

 

(13,112

)

Long-term debt, less current maturities

 

$

816,974

 

 

$

819,029

 
Schedule of Maturities of Long-Term Debt Excluding Accounts Receivable Pledging Arrangement

Scheduled maturities of long-term debt as of March 31, 2026, excluding the Accounts Receivable Pledging Arrangement, were as follows (in thousands):

 

Years Ending December 31,

 

 

 

2026 (remaining nine months)

 

$

10,015

 

2027

 

 

13,729

 

2028

 

 

12,768

 

2029

 

 

10,505

 

2030

 

 

9,486

 

Thereafter

 

 

783,833

 

Total

 

$

840,336