v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of total debt
The table below reflects the Company’s total debt, including borrowings under its credit agreement and master loan agreements for equipment notes:
(dollar amounts in thousands)Inception DateStated Interest
Rate (per annum)
Payment
Frequency
Term
(years)
Outstanding
Balance as of
June 30, 2026
Outstanding
Balance as of
December 31, 2025
Credit Agreement
Revolving loans5/31/2023VariableVariable5$— $47,414 
Equipment Notes
Equipment Note 108/26/20224.32%Semi-annual59,361 11,605 
Other equipment note4/11/20224.55%Monthly511 18 
9,372 11,623 
Total debt9,372 59,037 
Less: current portion of long-term debt(4,650)(4,554)
Long-term debt$4,722 $54,483 
Schedule of remaining principal payments for long term obligations The following table sets forth our remaining principal payments for all of the Company’s outstanding equipment notes as of June 30, 2026:
(in thousands)Future
Equipment Notes
Principal Payments
Remainder of 2026
$2,303 
20277,069 
Total future principal payments9,372 
Less: current portion of equipment notes(4,650)
Long-term principal obligations$4,722