Annual report [Section 13 and 15(d), not S-K Item 405]

Debt (Tables)

v3.25.0.1
Debt (Tables)
 12 Months Ended
Dec. 31, 2024
Debt [Abstract]  
Schedule of Long-Term Borrowings

Long-term borrowings are summarized as follows (in thousands):

 

    December 31,
2024		     December 31,
2023		  
Kinergy line of credit   $ 39,677     $ 30,690  
Orion term loan     60,000       60,000  
      99,677       90,690  
Less unamortized debt discount     (3,089 )     (3,893 )
Less unamortized debt financing costs     (3,684 )     (4,700 )
Less current portion    
—
      
—
  
Long-term debt   $ 92,904     $ 82,097  
Schedule of Long-term Debt Matures The Company’s long-term debt matures as follows (in thousands):
December 31:      
2027   $ 39,677  
2028     60,000  
    $ 99,677