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Debt (Tables)

12 Months Ended

Oct. 31, 2024

Debt

Schedule of Debt

Debt as of October 31, 2024 and 2023 consisted of the following (in thousands):

​

​	​	​	​	​	​	​
​	​	October 31,		​	October 31,
​		2024			2023
Export-Import Bank of the United States Financing Facility	​	$	10,104	​	$	—
Liberty Bank Term Loan Agreement (Derby Senior Back Leverage Loan Facility)	​	​	5,825	​	​	—
Connecticut Green Bank Term Loan Agreement (Derby Senior Back Leverage Loan Facility)	​	​	2,689	​	​	—
Connecticut Green Bank Loan (Derby Subordinated Back Leverage Loan Facility)	​	​	3,500	​	​	—
Connecticut Green Bank Loan (Groton Subordinated Back Leverage Loan Facility)	​	​	8,000	​	​	8,000
Liberty Bank Term Loan Agreement (Groton Senior Back Leverage Loan Facility)	​	​	5,437	​	​	5,876
Amalgamated Bank Loan (Groton Senior Back Leverage Loan Facility)	​	​	5,420	​	​	5,873
Finance obligation for sale-leaseback transactions	​	​	18,811	​	​	18,814
State of Connecticut Loan	​	​	6,024	​	​	6,908
Finance lease obligations	​	​	—	​	​	12
OpCo Financing Facility	​	​	70,067	​	​	77,510
Deferred finance costs	​	​	(4,215)	​	​	(3,526)
Total debt and finance obligations	​	​	131,662	​	​	119,467
Current portion of long-term debt and finance obligations	​	​	(15,924)	​	​	(10,067)
Long-term debt and finance obligations	​	$	115,738	​	$	109,400

Aggregate Annual Principal Payments under Loan Agreements and Finance Lease Obligations

Aggregate annual principal payments under our loan agreements, finance obligation, and finance lease obligations for the years subsequent to October 31, 2024 are as follows (in thousands):

​

​	​	​	​
Year 1		$	14,440
Year 2	​		14,759
Year 3	​		10,930
Year 4	​		12,237
Year 5	​		11,305
Thereafter (1)	​		61,659
​	​	$	125,330

(1) The annual principal payments included above only include sale-leaseback payments whereas the difference between debt outstanding as of October 31, 2024 and the annual principal payments represent accreted interest and amounts included in the finance obligation that exceed required principal payments.

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Schedule of maturities of long term debt and capital lease obligations.

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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.

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