v3.26.1
DEBT (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Carrying Value of Debt
Debt is presented net of debt discounts and issuance costs in the Company’s balance sheets and consisted of the following (in thousands):
June 30,December 31,
20262025
Term Loan$46,575 $67,187 
Less current maturities — (4,031)
Long-term debt, net of current maturities$46,575 $63,156 
Schedule of Cash Proceeds and Payment Activity
Cash proceeds and payment activity relating to the Credit Facility consisted of the following (in thousands):
Three Months Ended June 30,Six Months Ended
June 30,
2026202520262025
Principal payments on revolving line of credit$— $(5,000)$— $(5,000)
Principal payments on term loan(10,000)(937)(20,938)(1,875)
Net cash activity relating to debt$(10,000)$(5,937)$(20,938)$(6,875)
Schedule of Interest Expense
The components of interest expense are presented below (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Credit Facility:
Interest expense under term loan$940 $1,226 $2,007 $2,458 
Accretion expense related to discount and issuance costs164 164 326 326 
Interest expense under revolving line of credit— 216 — 478 
Interest for other items26 23 48 42 
$1,130 $1,629 $2,381 $3,304