v3.26.3
Debentures
 6 Months Ended
Jun. 30, 2026
Debentures [Abstract]  
Debentures

Note 10. Debentures

 

The following is a summary of activity related to the debentures:

 

As of January 1, 2025     42,832  
Interest incurred     4,809  
Amortization of transaction costs     292  
Principal payments     (31,911 )
Interest payments     (5,646 )
As of December 31, 2025     10,376  
Interest incurred     758  
Amortization of transaction costs     38  
Principal payments     (396 )
Interest payments     (7,981 )
As of June 30, 2026     2,795  

 

Debenture facility

 

As of June 30, 2026, the Company had debentures outstanding of R$2.8 million with a maturity date of May 15, 2026. On July 7, 2026, the Company subsequently paid the debentures in full. The Company did not incur any additional penalties after the maturity date and remained in compliance with the debenture’s debt covenants through the repayment date. See Note 21 Subsequent Events for more information.