Long-term debt included the following as of:

 

December 31, 2025

 

March 31, 2025

Stadco Term Loan, at 3.79% interest, due August 2028

$

1,652

$

2,086

Ranor Term Loan, at 6.05% interest, due December 2027

2,099

2,151

Ranor Revolver Loan, due January 2026

2,926

3,150

Stadco equipment financing, at 13.38% interest, due April 2026

15

37

Total debt

$

6,692

$

7,424

Less: debt issue costs unamortized

$

42

$

68

Total debt, net

$

6,650

$

7,356

Less: Current portion of long-term debt

$

6,650

$

7,353

Total long-term debt, net

$

—

$

3