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

Long-term debt is comprised of the following:

 

 

December 31,

 

 

March 31,

 

 

2025

 

 

2026

 

Current portion of long-term debt:

 

 

 

 

 

 

8.625% secured notes due February 1, 2026

 

$

2,795,000

 

 

$

 

Long-term debt:

 

 

 

 

 

 

11.000% senior secured first lien notes due August 1, 2028

 

 

30,899,000

 

 

 

15,000,000

 

9.200% senior secured second lien notes due August 1, 2028

 

 

184,922,000

 

 

 

184,922,000

 

Unamortized premium

 

 

19,466,353

 

 

 

17,582,512

 

 

$

235,287,353

 

 

$

217,504,512