v3.26.1
Long-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Borrowing Arrangements

The Company’s long-term borrowing arrangements consisted of the following (in thousands):

 

 

June 30, 2026

 

 

December 31, 2025

 

Term loan

 

$

14,645

 

 

$

17,220

 

Less: unamortized debt issuance costs

 

 

(174

)

 

 

(242

)

Less: current portion of term loan

 

 

(5,489

)

 

 

(4,806

)

Term loan, net of current portion

 

 

8,982

 

 

 

12,172

 

Credit Facility

 

 

35,000

 

 

 

25,000

 

Total long-term borrowings, net of current portion

 

$

43,982

 

 

$

37,172

 

 

Summary of Minimum Payments on the Term Loan

The scheduled minimum payments on the Term Loan were as follows as of June 30, 2026 (in thousands):

 

 

 

 

Remainder of 2026

 

$

2,231

 

2027

 

 

5,686

 

2028

 

 

6,189

 

2029

 

 

539

 

Total

 

$

14,645