XML 120 R34.htm IDEA: XBRL DOCUMENT
v3.24.3

DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Debt | The following is a summary of the Company’s outstanding debt (in thousands):
| September 30, 2024 |  | December 31, 2023
Term Loans |  |  |
5-year term loan, periodic interest and monthly principal payments, Daily Simple SOFR + 0.11448% SOFR adjustment, matures July 30, 2024 | $ | — |  |  | $ | 584 |
7-year term loan, periodic interest and monthly principal payments, Daily Simple SOFR + 0.11448% SOFR adjustment, matures December 6, 2027 | 6,387 |  |  | 7,772 |
Total term loans | 6,387 |  |  | 8,356 |
Revolving Facility |  |  |
5-year revolving credit facility, periodic interest payments, Term SOFR + 0.10% SOFR adjustment + 2% up to 2.75% applicable margin based on the consolidated leverage ratio, plus commitment fees of 0.20% up to 0.35% based on the consolidated leverage ratio, matures May 23, 2028 | — |  |  | 41,000 |
Deferred acquisition payable | 1,430 |  |  | 1,381 |
Total debt | 7,817 |  |  | 50,737 |
Current maturities | (2,403) |  |  | (2,781) |
Long-term debt | $ | 5,414 |  |  | $ | 47,956 |
Schedule of Maturities of Long-Term Debt | Future maturities of the Company’s outstanding debt as of September 30, 2024, were as follows (in thousands):
Remainder of 2024 | $ | 596 |
2025 | 2,417 |
2026 | 2,474 |
2027 | 2,207 |
2028 | 63 |
Thereafter | 60 |
Total | $ | 7,817 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration