Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt [Abstract]  
Schedule of Long-Term Borrowings

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

 

    March 31,
2026
    December 31, 2025  
Kinergy line of credit   $ 39,168     $ 29,586  
Orion term loan     38,400       55,000  
      77,568       84,586  
Less unamortized debt discount     (2,090 )     (2,288 )
Less unamortized debt financing costs     (2,422 )     (2,671 )
Less current portion           (16,600 )
Long-term debt   $ 73,056     $ 63,027