v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt  
Schedule of Debt

Debt consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):

 

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

Promissory notes

 

$

525

 

 

$

106

 

Motor vehicle and equipment loans

 

 

2,026

 

 

 

1,949

 

Credit facility

 

 

22,812

 

 

 

 

Secured term loans

 

 

22,276

 

 

 

 

Unsecured term loans

 

 

12,130

 

 

 

 

Total debt

 

 

59,769

 

 

 

2,055

 

less current portion of debt

 

 

(54,513

)

 

 

(584

)

Long term portion of debt

 

$

5,256

 

 

$

1,471

 

Scheduled Maturities of Debt

Scheduled maturities of the Company’s debt as of June 30, 2026 are as follows (in thousands):

 

2026 (remaining six months)

 

$

54,217

 

2027

 

 

607

 

2028

 

 

638

 

2029

 

 

455

 

2030

 

 

46

 

Thereafter

 

 

3,806

 

Total notes payable

 

$

59,769

 

Less debt - current

 

 

(54,513

)

Debt -noncurrent

 

$

5,256