XML 32 R26.htm IDEA: XBRL DOCUMENT
v3.25.3

Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Debt Disclosure [Abstract] |
Debt | Debt at September 30, 2025, consisted of the following (in thousands):
|  | Principal |  |  | Unamortized Discount |  |  | Net Carrying Value |
Term Loan |  | $ | 65,000 |  |  | $ | (95 | ) |  | $ | 64,905 |
Revolving Loan |  |  | 19,999 |  |  |  | — |  |  |  | 19,999 |
Total debt |  |  | 84,999 |  |  |  | (95 | ) |  |  | 84,904 |
Less: current portion |  |  | 36,249 |  |  |  | — |  |  |  | 36,249 |
Non-current portion |  | $ | 48,750 |  |  | $ | (95 | ) |  | $ | 48,655 |
Debt at December 31, 2024, consisted of the following (in thousands):
|  | Principal |  |  | Unamortized Discount |  |  | Net Carrying Value |
Term Loan |  | $ | 65,000 |  |  | $ | (138 | ) |  | $ | 64,862 |
Revolving Loan |  |  | 19,297 |  |  |  | — |  |  |  | 19,297 |
Total debt |  |  | 84,297 |  |  |  | (138 | ) |  |  | 84,159 |
Less: current portion |  |  | 19,297 |  |  |  | — |  |  |  | 19,297 |
Non-current portion |  | $ | 65,000 |  |  | $ | (138 | ) |  | $ | 64,862 |
Expected Principal, Interest and Fee Payments on Term Loan Credit Agreement | Principal, interest and fee payments on the Term Loan Credit Agreement (as defined below) at September 30, 2025, are expected to be as follows (in thousands):
Year ended December 31, |  | Principal |  |  | Interest and Fees |  |  | Total |
2025 |  | $ | — |  |  | $ | 1,845 |  |  | $ | 1,845 |
2026 |  |  | 24,375 |  |  |  | 6,473 |  |  |  | 30,848 |
2027 |  |  | 32,500 |  |  |  | 2,927 |  |  |  | 35,427 |
2028 |  |  | 8,125 |  |  |  | 1,455 |  |  |  | 9,580 |
Total |  | $ | 65,000 |  |  | $ | 12,700 |  |  | $ | 77,700 |

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