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Financing Arrangements
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Financing Arrangements

Note 12. Financing Arrangements

The Company has a revolving loan facility (the “Revolving Facility”) under its Credit Agreement with Umpqua Bank (the “Umpqua Credit Agreement”) with a revolving credit commitment of $25.0 million and letter of credit sub-facility of $7.5 million, that matures on October 15, 2025.

Any amounts outstanding under the letter of credit sub-facility reduce the amount available for the Company to borrow under the Revolving Facility. The available loan facility as of June 30, 2025 and December 31, 2024 was approximately $21.0 million, for both periods. As of June 30, 2025 and December 31, 2024, there was $4.0 million outstanding on the Company’s line of credit, which the Company borrowed in August 2023 to partially fund the acquisition of SafePointe. The interest expense recorded for the three and six months ended June 30, 2025 was immaterial based on a weighted-average interest rates of 6.28% and 6.29%, respectively. For the three and six months ended June 30, 2024, the interest expense recorded was $0.1 million and $0.2 million, respectively. As of June 30, 2025 and December 31, 2024, the Company was in compliance with all covenants and other requirements set forth in the Umpqua Credit Agreement.