Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of components of debt obligations

Debt obligations consist of the following (in thousands):

	June 30,		December 31,
	2025		2024
Revolving credit facility	$	—	$	—
Notes to former owners		72,325		67,593
Other debt		695		742
Total debt		73,020		68,335
Less—current portion		(11,689)		(6,042)
Total long-term portion of debt	$	61,331	$	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 June 30, 2025, future principal payments of notes to former owners by maturity year are as follows (dollars in thousands):

	Balance at		Range of Stated
	June 30, 2025		Interest Rates
2026	$	30,625	2.5 - 5.5	%
2027		36,700	4.0 - 5.5	%
2028		5,000	5.5	%
Total	$	72,325