Debt (Tables)

9 Months Ended

Sep. 30, 2024

Debt

Schedule of Long-term Debt

The summary of the Company’s long-term debt is as follows (in thousands) as of:

	Interest Rate	Maturity Date	September 30, 2024		December 31, 2023
Remarketed Bonds, net	3.9%	April 2042	$	68,155	$	68,155
SBA Loans	1.0%	April 2025		45		119
Equipment	4% to 5%	December 2024		8		32
Total debt				68,208		68,306
Less: unamortized costs				(1,253)		(188)
Total debt, net			$	66,955	$	68,118
Less: current portion				(53)		(68,097)
Total non-current debt			$	66,902	$	21

Schedule of Future Payments for Long-term Debt

Future payments for the Company’s long-term debt are as follows (in thousands):

Year Ending December 31,	Total Debt
2024 (remaining)	$	24
2025		29
2026		68,155
Total debt	$	68,208