Below are the contractual terms of the Company’s interest-bearing loans and borrowings that are measured at amortized cost. The carrying values of the Company’s short-term and long-term debt consisted of the following: | | | | | | | | | | | | | | | | | | | Debt outstanding | | | | June 30,
2026 | | December 31, 2025 | | Maturity | | | | | | | | (in thousands) | | 7.875% Senior Secured Bonds due 2028 | 196,363 | | | 195,636 | | | Dec 2028 | | Shareholder Loans | — | | | 143,732 | | | Dec 2028 | | Revolving Credit Facility | — | | | — | | | | | Credit Line in China (a) | 1,473 | | | 715 | | | | | Total debt, net | 197,836 | | | 340,083 | | | | | Current debt, net | 1,473 | | | 715 | | | | | Non-current debt, net | 196,363 | | | 339,368 | | | | | Total debt, net | $ | 197,836 | | | $ | 340,083 | | | |
|