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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments

The following is a summary of the carrying amounts and estimated fair values of the Company’s financial instruments at December 31, 2024 and 2023:

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

Reported

 

 

Fair Value

 

 

Reported

 

 

Fair Value

 

 

 

(in thousands)

 

Financial Assets and Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

12,995

 

 

$

12,995

 

 

$

18,726

 

 

$

18,726

 

Term Loan

 

$

48,958

 

 

$

48,958

 

 

$

 

 

$

 

Revolving credit facility

 

$

49,412

 

 

$

49,412

 

 

$

 

 

$