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Long-Term Debt and Borrowing Arrangements (Tables)

6 Months Ended

Jun. 30, 2024

Long-Term Debt and Borrowing Arrangements [Abstract]

Schedule of Indebtedness

The Company’s indebtedness as of June 30, 2024 and December 31, 2023 consisted of the following:

		As of June 30, 2024				Interest Rate				As of December 31, 2023				Interest Rate
$10 million revolving credit arrangement – related party (due December 2026)		$	7,036				2.75	%		$	6,828				2.75	%
€1.5 million term loan (due April 2026)			750				1.70	%			980				1.70	%
$12.785 million term loan – related party (due December 2026)			8,363				2.75	%			9,697				2.75	%
€7 million term loan (due April 2027)			4,066				5.69	%			4,861				6.00	%
$7.25 million term loan – related party (due December 2027)			6,827				3.75	%			7,250				3.75	%
$1.25 million term loan – (due March 31, 2025)			1,250				8.88	%			—				—
$7.22 million term loan – related party (due March 31, 2025)			7,221				8.88	%			—				—
			35,513								29,616
Less: Current portion of long-term debt and short-term debt			15,661								6,651
		$	19,852							$	22,965

Schedule of Related Party Revolving Credit Arrangements

As of June 30, 2024, the remaining commitment available under the Company’s related party revolving credit arrangements was the following:

		Available Capacity
$10 million revolving credit arrangement (due December 2026)		$	2,964

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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