| Schedule of Long Term Debt in the Accompanying Condensed Consolidated Balance Sheets |
Long-term debt in the accompanying condensed consolidated balance sheets is as follows:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
April 30, 2026 |
|
|
January 31, 2026 |
|
USD Term Loan (7.002% as of April 30, 2026 and 7.024% as of January 31, 2026); maturity date August 4, 2028 |
|
$ |
9,000 |
|
|
$ |
9,500 |
|
USD Term A-2 Loan (7.002% as of April 30, 2026 and 7.024% as of January 31, 2026); maturity date August 4, 2035 |
|
|
9,477 |
|
|
|
9,599 |
|
MTEX Euro Term Loan (4.848% as of April 30, 2026 and 4.226% as of January 31, 2026); maturity date of December 21, 2033 |
|
|
1,506 |
|
|
|
1,567 |
|
MTEX Euro Government Grant Term Loan (0% as of April 30, 2026 and January 31, 2026); maturity dates through January 2027 |
|
|
134 |
|
|
|
243 |
|
Equipment Loan (7.06% Fixed Rate); maturity date of January 23, 2029 |
|
|
487 |
|
|
|
527 |
|
Total Debt |
|
$ |
20,604 |
|
|
$ |
21,436 |
|
Less: Debt Issuance Costs, net of accumulated amortization |
|
|
98 |
|
|
|
108 |
|
Current Portion of Debt |
|
|
4,272 |
|
|
|
3,033 |
|
Long-Term Debt |
|
$ |
16,234 |
|
|
$ |
18,295 |
|
|
| Schedule of Required Principal Payments Remaining on Long Term Debt Outstanding |
The schedule of required principal payments remaining during the next five years on long-term debt outstanding as of April 30, 2026 is as follows:
|
|
|
|
|
(In thousands) |
|
|
|
Fiscal 2027, remainder |
|
$ |
3,598 |
|
Fiscal 2028 |
|
|
2,692 |
|
Fiscal 2029 |
|
|
6,174 |
|
Fiscal 2030 |
|
|
486 |
|
Fiscal 2031 |
|
|
486 |
|
Thereafter |
|
|
7,168 |
|
|
|
$ |
20,604 |
|
|