Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of components of debt obligations

Debt obligations consist of the following (in thousands):

	March 31,		December 31,
	2025		2024
Revolving credit facility	$	—	$	—
Notes to former owners		67,125		67,593
Other debt		717		742
Total debt		67,842		68,335
Less—current portion		(4,066)		(6,042)
Total long-term portion of debt	$	63,776	$	62,293

Summary of additional margins

	Net Leverage Ratio
	Less than  1.00		1.00 to less than 1.75		1.75 to less than 2.50		2.50 to less than 3.00		3.00 or greater
Additional Per Annum Interest Margin Added Under:
Base Rate Loan Option	0.00	%	0.25	%	0.50	%	0.75	%	1.00	%
SOFR Loan Option	1.00	%	1.25	%	1.50	%	1.75	%	2.00	%

Notes to former owners

Schedule of future principal payments of notes to former owners

At March 31, 2025, future principal payments of notes to former owners by maturity year are as follows (dollars in thousands):

	Balance at		Range of Stated
	March 31, 2025		Interest Rates
2026	$	30,625	2.5 - 5.5	%
2027		31,500	4.3 - 5.5	%
2028		5,000	5.5	%
Total	$	67,125