| Schedule of carrying value of the current and non-current components of the term loan |
The carrying value of the current and non-current components of the Term Loan A as of June 30, 2026 and December 31, 2025 are: | | | | | | | | | | | | | Current | | (in thousands) | June 30,
2026 | | December 31,
2025 | | Current borrowing on debt | $ | 22,344 | | | $ | 18,281 | | | Deferred financing costs | (1,015) | | | (1,013) | | | Current debt, net | $ | 21,329 | | | $ | 17,268 | |
| | | | | | | | | | | | | Non-Current | | (in thousands) | June 30,
2026 | | December 31,
2025 | | Non-current borrowing on debt | $ | 282,344 | | | $ | 294,531 | | | Deferred financing costs | (2,189) | | | (2,691) | | | Debt, net | $ | 280,155 | | | $ | 291,840 | |
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| Schedule of contractual maturity of term loan and DDTL |
The contractual maturity of the Term Loan A is as follows for the years ended December 31: | | | | | | | (in thousands) | 2024 Term Loan A | | 2026 (remainder of the year) | $ | 10,157 | | | 2027 | 24,375 | | | 2028 | 24,375 | | | 2029 | 245,781 | | | Total | $ | 304,688 | |
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| Schedule of components of total interest expense related to the notes and term loan |
The following table sets forth the components of total interest expense, net recognized in the accompanying unaudited condensed consolidated statements of operations for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Contractual coupon interest expense, 2024 Credit Agreement | $ | (4,865) | | $ | (5,615) | | $ | (9,794) | | $ | (11,144) | | Contractual coupon interest expense, Convertible Notes | (1,779) | | (1,779) | | (3,558) | | (3,538) | | Amortization of deferred financing costs | (854) | | (828) | | (1,697) | | (1,647) | | Interest expense | (7,498) | | | (8,222) | | | (15,049) | | | (16,329) | | | Capitalized interest related to Construction in Progress | 219 | | 89 | | 360 | | 154 | | Interest and dividend income on bank balances | 2,636 | | 1,458 | | 5,272 | | 2,778 | | Interest income on interest rate swap | 1,007 | | 1,237 | | 2,012 | | 2,475 | | Interest income | 3,862 | | 2,784 | | 7,644 | | 5,407 | | Interest expense, net | $ | (3,636) | | $ | (5,438) | | $ | (7,405) | | $ | (10,922) |
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