Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.25.1
Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt [Abstract]  
Schedule of Long-Term Borrowings

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

 

    March 31,
2025
    December 31,
2024
 
Kinergy line of credit   $ 56,990     $ 39,677  
Orion term loan     60,000       60,000  
      116,990       99,677  
Less unamortized debt discount     (2,892 )     (3,089 )
Less unamortized debt financing costs     (3,434 )     (3,684 )
Less current portion    
     
 
Long-term debt   $ 110,664     $ 92,904