DEBT (Tables)

3 Months Ended

Mar. 31, 2025

DEBT

Schedule of debt

The Company’s debt consisted of the following for the periods presented (in thousands):

	March 31, 2025		December 31, 2024
Term loan credit facility	$	225,000	$	162,000
Other		79		106
Total debt (Face Value)		225,079		162,106
Less:
Current portion of long-term debt(1)		(22,579)		(12,246)
Other(2)		(5,667)		(4,325)
Long-Term Debt, net	$	196,833	$	145,535

(1) Amounts primarily reflect amortization payments of $22.5 million and $12.2 million due under the Company’s 2024 Amended Term Loan Agreement within one year at March 31, 2025 and December 31, 2024, respectively.

(2) Amounts primarily reflect unamortized debt discount and issuance costs of approximately $5.7 million and $4.3 million at March 31, 2025 and December 31, 2024, respectively. For the three months ended March 31, 2025 and 2024, the Company recorded approximately $0.4 million and $1.7 million, respectively, in interest expense reflecting the amortization/accretion of deferred financing costs and debt discount.

Disapproval of proposed buyer

DEBT

Schedule of prepayment premiums

Period	Premium
Months 0 - 9	Make-whole amount equal to 9 months of interest plus 2.00%
Months 10 - 30	2.00%
Thereafter	0.00%

No disapproval of proposed buyer

DEBT

Schedule of prepayment premiums

Period	Premium
Months 0 - 12	Make-whole amount equal to 12 months of interest plus 4.00%
Months 13 - 30	2.00%
Thereafter	0.00%