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Debt and Finance Lease Obligations (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Debt and Finance Lease Obligations | The components of debt and finance obligations consisted of the following:
|  | June 30, |  |  | December 31, |
(in thousands, except interest rates) |  | 2025 |  |  | 2024 |
2025 Revolving Credit Facility - Pursuit borrowings 6.2% interest rate at June 30, 2025, due through 2030 (1) |  | $ | 10,500 |  |  | $ | — |
Jasper Term Loan - 6.5% interest rate at June 30, 2025 and December 31, 2024, due through 2028 |  |  | 12,126 |  |  |  | 11,583 |
Flyover Iceland Credit Facility - 8.0% interest rate at June 30, 2025 and 8.4% at December 31, 2024, due through 2029 (1) |  |  | 3,690 |  |  |  | 3,434 |
Other |  |  | 443 |  |  |  | — |
Less unamortized debt issuance costs |  |  | (1,980 | ) |  |  | (271 | )
Total debt |  |  | 24,779 |  |  |  | 14,746 |
Finance lease obligations - 9.2% weighted-average interest rate at June 30, 2025 and December 31, 2024, due through 2067 (2) |  |  | 60,188 |  |  |  | 58,567 |
Total debt and finance lease obligations (3)(4) |  |  | 84,967 |  |  |  | 73,313 |
Current portion |  |  | (2,566 | ) |  |  | (1,870 | )
Long-term debt and finance lease obligations |  | $ | 82,401 |  |  | $ | 71,443 |
(1) Represents the weighted-average interest rate in effect as of the end of the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs, or commitment fees. (2) Refer to Note 18 – Leases and Other for additional information. (3) The estimated fair value of total debt and finance leases was $84.1 million as of June 30, 2025 and $70.6 million as of December 31, 2024. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity, which is a Level 2 measurement. Refer to Note 13 – Fair Value Measurements for additional information. (4) Cash paid for interest on debt was $3.8 million during the six months ended June 30, 2025 and $23.8 million during the six months ended June 30, 2024.

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