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

Maturity

 

Interest
Rate

 

Borrowing
Limit

 

March 31,
2026

 

December 31,
2025

June 2026

 

4.60

%

 

$

300

 

$

142

 

$

May 2026 – June 2026

 

6.00

%

 

 

218

 

 

219

 

 

June 2026

 

6.00

%

 

 

62

 

 

 

 

April 2026

 

4.60

%

 

 

149

 

 

149

 

 

November 2025 – May 2026

 

6.00

%

 

 

133

 

 

133

 

 

December 2025 – June 2026

 

6.00

%

 

 

133

 

 

133

 

 

January 2026 – July 2026

 

4.60

%

 

 

33

 

 

33

 

 

February 2026 – August 2026

 

4.60

%

 

 

234

 

 

110

 

 

March 2026 – September 2026

 

4.60

%

 

 

46

 

 

45

 

 

September 2026

 

4.60

%

 

 

418

 

 

122

 

 

May 2026

 

6.00

%

 

 

165

 

 

 

 

September 2026

 

4.60

%

 

 

119

 

 

 

 

No fixed maturity

 

0

%

 

 

122

 

 

 

 

May 2026 – August 2026

 

%

 

 

144

 

 

144

 

 

484

Total

   

 

 

 

   

$

1,230

 

$

484

 

in thousands

Maturity

 

Interest
Rate

 

Borrowing
Limit

 

March 31,
2026

 

December 31,
2025

November 1, 2026

 

6

%

 

$

291

 

$

256

 

$

November 2026 – March 2027

 

5.21 – 6.92

%

 

 

581

 

 

550

 

 

November 1, 2026

 

5

%

 

 

107

 

 

107

 

 

May 1, 2026

 

6

%

 

 

330

 

 

306

 

 

May 1, 2026

 

4.89 – 5.36

%

 

 

132

 

 

132

 

 

May 1, 2026

 

6

%

 

 

165

 

 

165

 

 

August 1, 2026

 

6

%

 

 

330

 

 

328

 

 

August 1, 2026

 

5

%

 

 

330

 

 

328

 

 

April 1, 2026

 

5

%

 

 

264

 

 

120

 

 

June 1, 2026

 

5

%

 

 

40

 

 

41

 

 

March 1, 2026

 

%

 

 

14

 

 

14

 

 

October 1, 2026

 

10

%

 

 

0

 

 

233

 

 

September 1, 2026

 

5

%

 

 

417

 

 

417

 

 

Overdue

 

%

 

 

549

 

 

549

 

 

Total

   

 

 

 

   

$

3,546

 

$

Schedule of Long-Term Debt

Details of carrying amounts of long-term debt as of March 31, 2026 are as follows:

         

in thousands

Description

 

Maturity

 

Interest
Rate

 

Borrowing
Limit

 

March 31,
2026

Facility Loans

 

May 2027 – April 2033

 

1.19 – 3.61%

 

$

803

 

$

601

 

Working Capital Loans

 

February 2027 – May 2029

 

0.46 – 5.26%

 

 

2,709

 

 

2,308

 

Operating Funds Loan

 

October 2026 – February 2028

 

2.87 – 12.00%

 

 

 

 

798

 

Individual cash loan

 

January 2027

 

1.00%

 

 

558

 

 

353

 

Finance Lease Liabilities

         

 

   

 

142

 

Total Long Term Debt

         

 

   

 

4,202

 

Less: current portion of
long-term debt

         

 

   

 

(1,593

)

Long-term debt, net of current portion

         

 

   

$

2,609

 

Schedule of Future Principal Payments

Future principal payments for long-term debt as of March 31, 2026 are as follows:

in thousands

 

Long
Term Debt

Less than 1 year

 

$

1,649

 

Between 1 – 2 years

 

 

947

 

Between 2 – 5 years

 

 

1,351

 

Over 5 years

 

 

286

 

Less imputed interest

 

 

(16

)

Total Long Term Debt

 

$

4,217