Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2026

Scheduled maturities of our long-term debt outstanding as of June 30, 2026 are as follows (in thousands):


		MARAD			2029
		Debt			Notes			Total
Less than one year		$	9,882		$	—		$	9,882
One to two years			—			—			—
Two to three years			—			300,000			300,000
Gross debt			9,882			300,000			309,882
Unamortized debt discount ⁽¹⁾			—			(816)			(816)
Unamortized debt issuance costs ⁽¹⁾			(366)			(4,395)			(4,761)
Total debt			9,516			294,789			304,305
Less current maturities			(9,516)			—			(9,516)
Long-term debt		$	—		$	294,789		$	294,789

(1)	Debt discount and debt issuance costs are amortized to interest expense over the term of the applicable debt agreement.

The following table details the components of our net interest expense (in thousands):