v3.26.1
Long-term debt
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Long-term debt
11. Long-term debt:
Term loan facilityMaturity dateInterest rateMarch 31, 2026December 31, 2025
EDCSeptember 15, 2026
U.S. Prime Rate plus 2.01%
$1,948 $2,924 
   Current portion1,948 2,924 
Term loan facilities, net of debt issuance costs$1,948 $2,924 

On December 13, 2021, the credit facility and non-revolving term facility with EDC were refinanced into one $20,000 term loan, with quarterly principal and interest payments. On May 31, 2024, the Company amended the loan agreement with EDC to permit the asset transfer of certain property, plant, and equipment previously pledged to the loan into Cespira, removal of Fuel System Solutions Inc. as a borrower, added Westport Fuel Systems Canada Inc. as a borrower and modified the securities pledged to the loan. The loan is secured by share pledges in the Company's equity interest in Cespira. Throughout the term of certain of these financing arrangements, the Company is required to meet certain financial and non-financial covenants. As at March 31, 2026, the Company is in compliance with all covenants under the financing arrangements.