Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt

Schedule of Long-term Debt

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

			Year Ended December 31,
	Interest Rate	Maturity Date	2024		2023
Remarketed Bonds, net	3.9%	April 2042	$	68,155	$	68,155
SBA Loans	1.0%	April 2025		21		119
Equipment	4% to 5%	December 2024		—		32
Total debt				68,176		68,306
Less: unamortized costs				(1,046)		(188)
Total debt, net			$	67,130	$	68,118
Less: current portion				(21)		(68,097)
Total non-current debt			$	67,109	$	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
2025	$	21
2026 and thereafter		68,155
Total debt	$	68,176