v3.26.1
Notes Payable (Tables)
 6 Months Ended
Jun. 30, 2026
Notes Payable [Abstract]  
Schedule of debt
The following table summarizes the Tucows businesses excluding Ting's borrowings under the credit facilities (Dollar amounts in thousands of U.S. dollars):
June 30, 2026December 31, 2025
Principal$190,400 $190,400 
Less: unamortized debt discount and issuance costs(622)(869)
Syndicated Revolver, long-term portion$189,778 $189,531 
The following table summarizes Ting's borrowings under the 2023 and 2024 Term Notes (Dollar amounts in thousands of U.S. dollars):
June 30, 2026December 31, 2025
Principal$301,505 $301,505 
Less: unamortized issuance costs(3,713)(4,589)
Less: unamortized discount(4,155)(5,270)
Note payable, long-term portion(1)
$293,637 $291,646 
(1)During each of the three and six months ended June 30, 2026, the Company capitalized less than $0.1 million of interest expenses pertaining to the 2023 and 2024 Term Notes directly attributable to the development of certain AUC assets, respectively. Comparatively, for each of the three and six months ended June 30, 2025, the Company capitalized $0.1 million of interest expenses pertaining to the 2023 Term Notes and 2024 Term Notes directly attributable to the development of certain AUC assets.