v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of debt
The Company’s outstanding debt is shown in the following table (dollars in thousands):
Maturity
Dates
Interest
Rates
June 30,December 31,
20262025
Term loans secured by all assets12/2026 - 4/2031
4.00 - 9.00%
$18,264 $19,578 
Term loans secured by property and equipment09/2026 - 01/2030
3.41 - 7.82%
4,816 5,813 
Line of credit secured by all assets09/20266.75%98 740 
Term loans of Real Estate VIEs05/2028 - 03/2037
3.50 - 3.59%
9,921 10,563 
Seller note09/20358.00%5,800 5,800 
Deferred payment09/203510.00%1,000 1,000 
Total39,899 43,494 
Less: unamortized issuance costs and discount200 244 
Less: short-term lines of credit98 740 
Less: current portion of long-term debt8,496 13,336 
Total long-term debt$31,105 $29,174