v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt  
Schedule of Debt

Debt consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):

 

 

March 31,

 

 

December 31,

 

 

2026

 

 

2025

 

Promissory notes

 

$

805

 

 

$

106

 

Motor vehicle and equipment loans

 

 

2,065

 

 

 

1,949

 

Credit facility

 

 

23,966

 

 

 

 

Secured term loans

 

 

20,856

 

 

 

 

Unsecured term loans

 

 

10,633

 

 

 

 

Total debt

 

 

58,325

 

 

 

2,055

 

less current portion of debt

 

 

(53,265

)

 

 

(584

)

Long term portion of debt

 

$

5,060

 

 

$

1,471

 

Scheduled Maturities of Debt

Scheduled maturities of the Company’s debt as of March 31, 2026 are as follows (in thousands):

 

2026 (9 months)

 

$

53,052

 

2027

 

 

599

 

2028

 

 

618

 

2029

 

 

464

 

2030

 

 

46

 

Thereafter

 

 

3,546

 

Total notes payable

 

$

58,325

 

Less debt - current

 

 

(53,265

)

Debt -noncurrent

 

$

5,060