Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2026

The amount of long-term debt shown in the accompanying unaudited interim consolidated balance sheet as of June 30, 2026 and December 31, 2025, is analyzed as follows:

	June 30, 2026			December 31, 2025
Total long-term debt
Loan agreement	$	13,500		$	13,900
Finance lease liability		20,465			21,042
Less: Deferred financing costs		(144	)		(183	)
Total long-term debt, net of deferred financing costs	$	33,821		$	34,759

Current portion of long-term debt
Loan agreement	$	1,910		$	1,170
Finance lease liability		1,209			1,186
Less: Current portion of deferred financing costs		(70	)		(76	)
Current portion of long-term debt, net of deferred financing costs	$	3,049		$	2,280

Non-current portion of long-term debt
Loan agreement	$	11,590		$	12,730
Finance lease liability		19,256			19,856
Less: Non-current portion of deferred financing costs		(74	)		(107	)
Non-current portion of long-term debt, net of deferred financing costs	$	30,772		$	32,479

Annual Principal Payments

During the six-month period ended June 30, 2026, the weighted average interest rate on the borrowed portion of the Maui Term Loan Facility was 7.64%. The amount outstanding as of June 30, 2026, is repayable in quarterly installments, with a balloon payment due at maturity in December 2028:

Year	Amount
2026	$	770
2027		2,280
2028		10,450
Total	$	13,500

Finance Lease Liability

The following table presents such lease payments, including the purchase option, on an undiscounted basis:

Year	Amount
2026	$	1,380
2027		2,738
2028		19,140
Total lease payments (undiscounted)	$	23,258
Less: Discount based on incremental borrowing rate		(2,793	)
Total finance lease liability	$	20,465