SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2026

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

13.

SUBSEQUENT EVENTS

Credit Agreement Amendment and Waiver

On November 6, 2026, the Company entered into the Amendment and Waiver under which, among other things, the Lenders waived the event of default arising from share repurchases made while advances under the Amended and Restated Facility were outstanding. In addition, the Amendment and Waiver permits future share repurchases by the Company provided that no default or event of default is continuing or would result and that the Company’s total liquidity after the transaction would exceed $25 million, and adds a Daily Simple SOFR borrowing option allowing daily borrowing with the ability to repay such borrowings without premium, penalty or breakage fees. For additional information, see Note 7, Long-Term Debt.